# Most of record production being used

> ABARES forecasts Australian wheat production at 32.63 million tonnes, close to last year's record of 33.34 million tonnes. Domestic usage has risen, supported by more than one million cattle on feed, and about 69.5% of the crop is typically exported.

- Date: 2021-10-11 · published 2021-10-11T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/44499-most-of-record-production-being-used
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong feed demand from domestic livestock supports local wheat use and limits the amount available for export, which can firm Australian wheat prices.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-10-22 | [Mint Primer: Making sense of India’s record food production \| Mint](https://feedsoft.ai/events/33583-mint-primer-making-sense-of-india-s-record-food-production-mint.md) | -2.5% | -4.8% |
| WHEAT | 2022-01-01 | [Farm production tipped to break record $78b this financial year](https://feedsoft.ai/events/43535-farm-production-tipped-to-break-record-78b-this-financial-year.md) | -0.4% | +9.4% |
| WHEAT | 2025-08-12 | [USDA Ups 2025 Corn Production More Than Expected in Latest Crop Production Report](https://feedsoft.ai/events/23262-usda-ups-2025-corn-production-more-than-expected-in-latest-crop-production.md) | +2.8% | -0.0% |
| WHEAT | 2026-03-10 | [USDA Releases March Crop Production, WASDE Reports](https://feedsoft.ai/events/20107-usda-releases-march-crop-production-wasde-reports.md) | -1.3% | -1.1% |
| WHEAT | 2022-09-08 | [Major Nation Production Updates - Graintab](https://feedsoft.ai/events/39519-major-nation-production-updates-graintab.md) | -0.1% | +6.0% |

## Sources

- mecardo.com.au: https://mecardo.com.au/most-of-record-production-being-used/

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