# Australia may have hit peak farming acreage but production set to keep climbing - ABC News

> An ANZ report suggests Australian agriculture may have reached peak acreage, with most suitable land already under crops. Production is still expected to rise through higher yields, and the winter crop forecast is near 55 million tonnes.

- Date: 2021-09-09 · published 2021-09-09T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/45034-australia-may-have-hit-peak-farming-acreage-but-production-set-to-keep-climbing
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Limited room for area expansion means future supply growth must come from yields, which supports the outlook for stable rather than rapidly rising Australian grain supplies.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-06 | [Drought impacts Australia's farm production](https://feedsoft.ai/events/60046-drought-impacts-australia-and-39-s-farm-production.md) | -0.3% | -2.1% |
| WHEAT | 2021-09-10 | [Harvest starts on potential 54.8m tonne winter crop for Australia - ABC News](https://feedsoft.ai/events/45031-harvest-starts-on-potential-54-8m-tonne-winter-crop-for-australia-abc-news.md) | +3.6% | +5.7% |
| WHEAT | 2017-04-12 | [EU cereal production set to rise  - Swine news - pig333, pig to pork community](https://feedsoft.ai/events/71438-eu-cereal-production-set-to-rise-swine-news-pig333-pig-to-pork-community.md) | -1.0% | +1.6% |
| WHEAT | 2024-08-29 | [Latest projections expect more production and average yields, but less harvested acres  - SaskAgToday.com](https://feedsoft.ai/events/28834-latest-projections-expect-more-production-and-average-yields-but-less-harvested.md) | +4.6% | +15.4% |
| WHEAT | 2021-02-16 | [Wheat heading to a record I Australian Rural & Regional News](https://feedsoft.ai/events/48597-wheat-heading-to-a-record-i-australian-rural-and-regional-news.md) | +1.3% | +0.2% |

## Sources

- abc.net.au: https://www.abc.net.au/news/rural/2021-09-09/australia-reaches-peak-acreage-but-production-keeps-rising/100443338

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