# Australia set to harvest record grain crop | World Grain

> World Grain reports that ABARES forecasts a record 58.4 Mt Australian winter crop for 2021-22, with record wheat at 34.4 Mt and barley at 13.3 Mt. Canola is expected at a record 5.7 Mt. Heavy rain has delayed harvest in New South Wales and Queensland.

- Date: 2021-11-30 · published 2021-11-30T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/44019-australia-set-to-harvest-record-grain-crop-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A record Australian crop expands export availability of wheat and barley, which is generally bearish for world feed grain prices. Rain-related quality losses limit how much of the crop can be sold at top grades.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-01-30 | [Australia grain harvest running to record \| World Grain](https://feedsoft.ai/events/37734-australia-grain-harvest-running-to-record-world-grain.md) | +3.4% | +1.2% |
| 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 | 2022-03-01 | [Australia record grain crop revised even higher \| World Grain](https://feedsoft.ai/events/42224-australia-record-grain-crop-revised-even-higher-world-grain.md) | +10.5% | +22.7% |
| WHEAT | 2022-12-08 | [Australia Set for Record Grain Harvest Despite Weather](https://feedsoft.ai/events/38220-australia-set-for-record-grain-harvest-despite-weather.md) | +9.5% | +8.2% |
| WHEAT | 2021-02-17 | [Australia raises wheat crop estimate to new record \| 2021-02-17  \| World Grain](https://feedsoft.ai/events/48596-australia-raises-wheat-crop-estimate-to-new-record-2021-02-17-world-grain.md) | +0.8% | -0.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/16162-australia-set-to-harvest-record-grain-crop

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