# Winter harvest near record, summer crop on the improve: ABARES - Grain Central

> ABARES' February 2021 crop report put Australia's 2020-21 winter crop at 55.2 million tonnes, the second largest on record and up 89% year on year. Summer crop production is forecast at 3.3Mt, about 13% below the 10-year average because planted area is limited.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/48595-winter-harvest-near-record-summer-crop-on-the-improve-abares-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A large winter crop increases Australian export availability for wheat, barley and canola, adding bearish pressure on grain prices. The below-average summer crop is a smaller offset for sorghum and corn supply.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: bearish ▼
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-02-14 | [Winter crop crosses the finish line on a record high - Grain Central](https://feedsoft.ai/events/72460-winter-crop-crosses-the-finish-line-on-a-record-high-grain-central.md) | -0.8% | -1.2% |
| 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 | 2021-06-07 | [Winter crop area heading towards record high: ABARES - Grain Central](https://feedsoft.ai/events/46543-winter-crop-area-heading-towards-record-high-abares-grain-central.md) | +1.2% | -2.1% |
| WHEAT | 2017-03-09 | [Grain production to ease back after record winter crop: ABARES - Grain Central](https://feedsoft.ai/events/71941-grain-production-to-ease-back-after-record-winter-crop-abares-grain-central.md) | +0.7% | +0.6% |
| WHEAT | 2023-04-05 | [Tasmania smashes harvest record - Grain Central](https://feedsoft.ai/events/36366-tasmania-smashes-harvest-record-grain-central.md) | -2.9% | -2.8% |

## Sources

- graincentral.com: https://www.graincentral.com/news/winter-harvest-near-record-summer-crop-on-the-improve-abares/

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