# ABARES flags big year for grain growers  | Farm Online | ACT

> ABARES forecasts a record Australian winter crop planting in 2021-22, with canola plantings rising about 25% to a record-high oilseed price backdrop. The national winter crop estimate is 46.8Mt, below last year's 55.2Mt but above the 10-year average.

- Date: 2021-06-09 · published 2021-06-09T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/46545-abares-flags-big-year-for-grain-growers-farm-online-act
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expanded canola plantings signal more Australian oilseed supply for export, which is bearish for canola meal, though record prices may limit how far that pressure goes.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-05-28 | [Big grain production numbers flagged  \| Farm Online \| ACT](https://feedsoft.ai/events/47053-big-grain-production-numbers-flagged-farm-online-act.md) | -2.6% | -3.8% |
| WHEAT | 2020-09-09 | [ABARES ratchets up forecasts \| Farm Online \| ACT](https://feedsoft.ai/events/51088-abares-ratchets-up-forecasts-farm-online-act.md) | +0.3% | +8.1% |
| WHEAT | 2020-08-04 | [Senior bulk handling executives talk up big cropping year \| Farm Online \| ACT](https://feedsoft.ai/events/51553-senior-bulk-handling-executives-talk-up-big-cropping-year-farm-online-act.md) | -2.1% | -0.7% |
| WHEAT | 2026-02-08 | [Huge winter crop yields despite dry season for many growers \| Farm Online \| ACT](https://feedsoft.ai/events/20555-huge-winter-crop-yields-despite-dry-season-for-many-growers-farm-online-act.md) | +1.4% | +6.9% |
| WHEAT | 2021-09-08 | [ABARES makes massive increase in production forecast \| Farm Online \| ACT](https://feedsoft.ai/events/45028-abares-makes-massive-increase-in-production-forecast-farm-online-act.md) | +2.2% | +5.0% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7289356/abares-flags-big-year-for-grain-growers/

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