# Ag production value, volume soar to historic heights: ABARES - Grain Central

> ABARES forecasts Australia's 2021-22 gross agricultural production value at a record A$78 billion, with export value also at a record A$61 billion. Production is expected to rise for nearly every major commodity despite recent flood damage in eastern states.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/43531-ag-production-value-volume-soar-to-historic-heights-abares-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Record Australian output and exports, driven by poor conditions for competitors, signal ample supply for feed buyers, though high 30-year price levels keep feed costs elevated.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-22 | [Wheat production, trade rising: IGC - Grain Central](https://feedsoft.ai/events/55997-wheat-production-trade-rising-igc-grain-central.md) | +1.6% | -0.7% |
| WHEAT | 2021-11-26 | [Wheat estimates climb ahead of ABARES' revision - Grain Central](https://feedsoft.ai/events/44020-wheat-estimates-climb-ahead-of-abares-revision-grain-central.md) | -0.8% | -3.5% |
| WHEAT | 2025-06-24 | [Healthy production systems are key to sustainable biomass supply - Joint Research Centre](https://feedsoft.ai/events/24237-healthy-production-systems-are-key-to-sustainable-biomass-supply-joint-research.md) | +1.4% | -1.8% |
| WHEAT | 2020-11-27 | [Grain: global production estimates sharply revised - Mundus Agri](https://feedsoft.ai/events/50011-grain-global-production-estimates-sharply-revised-mundus-agri.md) | -0.5% | +8.9% |
| WHEAT | 2020-11-06 | [India’s rice production on the rise \| 2020-11-06  \| World Grain](https://feedsoft.ai/events/50116-india-s-rice-production-on-the-rise-2020-11-06-world-grain.md) | +0.0% | -6.3% |

## Sources

- graincentral.com: https://www.graincentral.com/news/ag-production-value-volume-soar-to-historic-heights-abares/

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