# Wheat estimates climb ahead of ABARES' revision - Grain Central

> Independent analysts Australian Crop Forecasters, Lachstock Consulting and IKON Commodities all have wheat estimates above ABARES' 32.6 Mt September figure ahead of its December revision. Harvest was about 30% complete, with rain delaying progress in several states. Analysts expect lower protein content than average.

- Date: 2021-11-26 · published 2021-11-26T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/44020-wheat-estimates-climb-ahead-of-abares-revision-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Estimates above the official figure point to a larger Australian wheat supply, which is mildly bearish. Lower protein could support prices for high-protein wheat.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-04 | [Barley, canola, wheat estimates lift over quarter: ABARES - Grain Central](https://feedsoft.ai/events/32664-barley-canola-wheat-estimates-lift-over-quarter-abares-grain-central.md) | +0.5% | -0.5% |
| 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 | 2026-02-13 | [GIWA estimate for record crop settles on 27.35Mt - Grain Central](https://feedsoft.ai/events/20556-giwa-estimate-for-record-crop-settles-on-27-35mt-grain-central.md) | +0.9% | +4.0% |
| WHEAT | 2024-02-14 | [France reduces winter grain area estimates](https://feedsoft.ai/events/31606-france-reduces-winter-grain-area-estimates.md) | +0.1% | -5.0% |
| 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% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/wheat-estimates-climb-ahead-of-abares-barley-steady/

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