# Bumper grain harvest expected again this year

> Rabobank forecasts Australia's 2021/22 winter crop at 52.87 million tonnes, down 5% from last year but 25% above the five-year average. Canola is forecast at a record 5.16 million tonnes, while wheat is 31.9 million tonnes and barley is 11.7 million tonnes.

- Date: 2021-10-19 · published 2021-10-19T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/44501-bumper-grain-harvest-expected-again-this-year
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large crop limits Australian import needs, but Rabobank expects tight global grain and oilseed supplies to keep local prices high, which supports the feed grain outlook.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-03-30 | [World grain output expected to fall as record 2016 harvest weighs on prices](https://feedsoft.ai/events/72022-world-grain-output-expected-to-fall-as-record-2016-harvest-weighs-on-prices.md) | +0.4% | +1.2% |
| WHEAT | 2025-03-28 | [EU expects growth in wheat and rapeseed harvests](https://feedsoft.ai/events/25501-eu-expects-growth-in-wheat-and-rapeseed-harvests.md) | -1.4% | +2.0% |
| WHEAT | 2021-07-01 | [Bumper U.S. Corn and Soybean Harvests Are Within Reach](https://feedsoft.ai/events/45919-bumper-u-s-corn-and-soybean-harvests-are-within-reach.md) | -2.7% | -4.7% |
| WHEAT | 2017-11-01 | [USDA Reports Smallest U.S. Harvested Area in 127 Years](https://feedsoft.ai/events/68504-usda-reports-smallest-u-s-harvested-area-in-127-years.md) | +0.3% | -1.2% |
| WHEAT | 2024-06-26 | [EU's wheat harvest yields similar to the average of the last 5 years](https://feedsoft.ai/events/29702-eu-s-wheat-harvest-yields-similar-to-the-average-of-the-last-5-years.md) | -2.0% | +4.5% |

## Sources

- indynr.com: https://indynr.com/bumper-grain-harvest-expected-again-this-year/

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