# ‘Near perfect’: farmers upbeat on another bumper crop

> Grain farmers and analysts in Australia say near-perfect conditions have set up another bumper winter crop. Strong demand for Australian wheat, barley and canola is expected while other major producers face war and unfavourable weather.

- Date: 2022-04-13 · published 2022-04-13T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/41821-near-perfect-farmers-upbeat-on-another-bumper-crop
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expectations of a large Australian crop add to export supply just as Black Sea and other origins face shortfalls, which tempers upside in wheat, barley and canola prices.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-01-11 | [Farmers embrace another bumper harvest \| Corowa Free Press](https://feedsoft.ai/events/43090-farmers-embrace-another-bumper-harvest-corowa-free-press.md) | +3.4% | +1.9% |
| WHEAT | 2016-11-01 | [Near record crop beckons \| Farm Online \| ACT](https://feedsoft.ai/events/73815-near-record-crop-beckons-farm-online-act.md) | +0.2% | -3.5% |
| WHEAT | 2021-08-23 | [Big numbers for Aussie crop \| Farm Online \| ACT](https://feedsoft.ai/events/45532-big-numbers-for-aussie-crop-farm-online-act.md) | +1.1% | +5.4% |
| WHEAT | 2020-11-02 | [Just when Australia needs it, wheat farmers start bumper harvest](https://feedsoft.ai/events/50130-just-when-australia-needs-it-wheat-farmers-start-bumper-harvest.md) | -1.8% | -7.4% |
| WHEAT | 2024-10-29 | [Bumper harvest in Queensland, NSW push national crop to average \| Farm Online \| ACT](https://feedsoft.ai/events/27831-bumper-harvest-in-queensland-nsw-push-national-crop-to-average-farm-online-act.md) | +0.3% | -1.5% |

## Sources

- afr.com: https://www.afr.com/companies/agriculture/near-perfect-farmers-upbeat-on-another-bumper-crop-20220412-p5acyd

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
