# Australia's Grain Industry to See More Growth in 2021-22

> Australia's Department of Agriculture expects a 2021-22 winter grain crop of 58 million tonnes. Wheat is forecast at 34.4 million tonnes, barley at 13.3 million and canola at 5.7 million.

- Date: 2022-01-11 · published 2022-01-11T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/43093-australia-s-grain-industry-to-see-more-growth-in-2021-22
- 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

A large official crop estimate points to ample Australian export supply of feed grains, which tends to pressure prices for wheat and barley.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-05 | [ABARES forecast: 38% more grain in Australia if it](https://feedsoft.ai/events/60041-abares-forecast-38-more-grain-in-australia-if-it.md) | -1.0% | -1.8% |
| WHEAT | 2019-02-20 | [Rise in South Australia's grain estimates  \| SA](https://feedsoft.ai/events/60570-rise-in-south-australia-s-grain-estimates-sa.md) | -3.5% | +0.0% |
| WHEAT | 2021-01-27 | [Australia to harvest bumper wheat crop \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49105-australia-to-harvest-bumper-wheat-crop-2021-01-27-world-grain.md) | -10.0% | -0.5% |
| WHEAT | 2021-11-30 | [Australia set to harvest record grain crop \| World Grain](https://feedsoft.ai/events/44019-australia-set-to-harvest-record-grain-crop-world-grain.md) | -1.0% | -3.4% |
| WHEAT | 2021-02-16 | [Australia’s winter crop production estimated to increase 89% \| 2021-02-16  \| World Grain](https://feedsoft.ai/events/48598-australia-s-winter-crop-production-estimated-to-increase-89-2021-02-16-world.md) | +1.3% | +0.2% |

## Sources

- industrialinfo.com: https://www.industrialinfo.com/news/article/australias-grain-industry-to-see-more-growth-in-2021-22--305901

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