# Australia: positive outlook for cropping as ag performs strongly through 2021 - UkrAgroConsult

> Rural Bank's mid-year outlook forecasts Australian winter crop production down 12% year-on-year but 13% above average. Wheat is seen down 12% and barley down 19%, with mouse activity a concern in eastern states. Growers are holding off on forward sales, while some are locking in canola contracts at strong prices.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/46019-australia-positive-outlook-for-cropping-as-ag-performs-strongly-through-2021
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A year-on-year decline in Australian barley and wheat output tightens export availability, supporting feed grain prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-01-25 | [Australia’s grain production and export outlook \| UkrAgroConsult](https://feedsoft.ai/events/32090-australia-s-grain-production-and-export-outlook-ukragroconsult.md) | -0.4% | -5.2% |
| WHEAT | 2022-04-27 | [Australia may have a good grain harvest 27.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41815-australia-may-have-a-good-grain-harvest-27-04-2022-ukragroconsult.md) | -1.9% | +0.9% |
| WHEAT | 2021-09-22 | [Concerns for Europe, Southeast Asia temper positive global poultry outlook  \| MEAT+POULTRY](https://feedsoft.ai/events/45139-concerns-for-europe-southeast-asia-temper-positive-global-poultry-outlook-meat.md) | +1.2% | +9.3% |
| WHEAT | 2021-10-19 | [In October, the USDA reduced its grain crop and export forecasts for the Black Sea region 19.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44402-in-october-the-usda-reduced-its-grain-crop-and-export-forecasts-for-the-black.md) | +0.7% | +9.2% |
| WHEAT | 2022-08-30 | [StatCan experts have increased their forecasts for the harvest of grain and oil crops in Canada 30.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/40004-statcan-experts-have-increased-their-forecasts-for-the-harvest-of-grain-and-oil.md) | -2.3% | +2.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-positive-outlook-for-cropping-as-ag-performs-strongly-through-2021/

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