# Big grain production year on the cards | Farm Online | ACT

> Crop forecasters expect Australia to post a second consecutive above-average winter crop, with IKON Commodities projecting canola output above 5 million tonnes for the first time. Australian Crop Forecasters predicts a 28.2 million tonne wheat crop, with NSW and Western Australia leading. Favourable rain and good conditions across major regions underpin the outlook.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/46014-big-grain-production-year-on-the-cards-farm-online-act
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger Australian canola and wheat supplies would add to global oilseed meal and grain availability, weighing on feed ingredient prices.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-23 | [Big numbers for Aussie crop \| Farm Online \| ACT](https://feedsoft.ai/events/45532-big-numbers-for-aussie-crop-farm-online-act.md) | +1.1% | +5.4% |
| WHEAT | 2016-11-01 | [Near record crop beckons \| Farm Online \| ACT](https://feedsoft.ai/events/73815-near-record-crop-beckons-farm-online-act.md) | +0.2% | -3.5% |
| WHEAT | 2025-07-29 | [EU grain production rebounds - Grain Central](https://feedsoft.ai/events/23686-eu-grain-production-rebounds-grain-central.md) | -0.7% | -0.4% |
| WHEAT | 2020-06-16 | [Cropping prospects firm up after solid rain \| Farm Online \| ACT](https://feedsoft.ai/events/52594-cropping-prospects-firm-up-after-solid-rain-farm-online-act.md) | +1.5% | -4.7% |
| WHEAT | 2018-04-18 | [Wheat prices fall on US rain, but dry threat remains for winter crop \| Farm Online \| ACT](https://feedsoft.ai/events/65564-wheat-prices-fall-on-us-rain-but-dry-threat-remains-for-winter-crop-farm-online.md) | +0.1% | -0.9% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7338932/big-grain-production-year-on-the-cards/

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