# Crop records continue - NSW Nationals

> The NSW Nationals reported that Australia's winter crop was revised to a record 61.9 Mt, with record wheat, barley and canola production. Summer crops are forecast at 5.3 Mt, up 64%, and planted area rose 48% to 1.5 million hectares.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/42231-crop-records-continue-nsw-nationals
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Record Australian winter crops and a large rebound in summer crops add export supply for feed grain buyers. This is bearish for wheat, barley and sorghum prices.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-03-07 | [Australia sets new national crop record  \| Farm Online \| ACT](https://feedsoft.ai/events/36803-australia-sets-new-national-crop-record-farm-online-act.md) | -1.2% | -4.5% |
| WHEAT | 2017-02-15 | [Crop production records obliterated \| The Rural \| Wagga Wagga, NSW](https://feedsoft.ai/events/72464-crop-production-records-obliterated-the-rural-wagga-wagga-nsw.md) | -0.9% | -1.1% |
| WHEAT | 2022-03-09 | [Record crop production: ABARES](https://feedsoft.ai/events/42226-record-crop-production-abares.md) | -3.1% | +3.6% |
| WHEAT | 2021-06-07 | [Record national winter crop sown, but mouse plague could take drastic toll in NSW - ABC News](https://feedsoft.ai/events/46542-record-national-winter-crop-sown-but-mouse-plague-could-take-drastic-toll-in.md) | +1.2% | -2.1% |
| WHEAT | 2021-02-17 | [Wheat record smashed, second largest crop overall \| The Land \| NSW](https://feedsoft.ai/events/48600-wheat-record-smashed-second-largest-crop-overall-the-land-nsw.md) | +0.8% | -0.3% |

## Sources

- nswnationals.org.au: https://www.nswnationals.org.au/crop-records-continue/

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