# ABARES puts Australian wheat crop at record 33.3Mt - Grain Central

> ABARES raised its estimate of Australia's 2020-21 wheat crop to a record 33.3 million tonnes, 5% above the previous record of 31.8Mt set in 2016-17. The lift came mainly from higher-than-expected yields in Western Australia and New South Wales. Barley and canola forecasts were also raised.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/48594-abares-puts-australian-wheat-crop-at-record-33-3mt-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A record Australian wheat crop adds exportable supply to the global market at a time of tight world wheat prices, which weighs on the bullish case for wheat and feed-grain substitutes. The USDA's upcoming March report is expected to incorporate the higher figure.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-12-05 | [ABARES forecasts record wheat, canola crops - Grain Central](https://feedsoft.ai/events/38213-abares-forecasts-record-wheat-canola-crops-grain-central.md) | -9.5% | -0.8% |
| WHEAT | 2021-11-29 | [Record year for Australian winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/44017-record-year-for-australian-winter-crop-production-abares-grain-central.md) | -1.1% | -3.5% |
| WHEAT | 2025-05-13 | [USDA forecasts Australian new-crop wheat at 31Mt - Grain Central](https://feedsoft.ai/events/24628-usda-forecasts-australian-new-crop-wheat-at-31mt-grain-central.md) | -4.2% | -2.6% |
| WHEAT | 2023-03-06 | [ABARES ups estimates for record wheat, canola crops - Grain Central](https://feedsoft.ai/events/36762-abares-ups-estimates-for-record-wheat-canola-crops-grain-central.md) | -2.2% | +4.8% |
| WHEAT | 2019-06-17 | [Mixed prospects for Australian winter crop: ABARES - Grain Central](https://feedsoft.ai/events/58543-mixed-prospects-for-australian-winter-crop-abares-grain-central.md) | -6.1% | -8.7% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/abares-forecasts-record-australian-wheat-crop/

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