# Australia to harvest bumper wheat crop | 2021-01-27  | World Grain

> A USDA GAIN report projects Australia's 2020-21 wheat crop at 31 million tonnes, the second largest on record and more than double the prior drought-hit year. It forecasts wheat exports of 21 million tonnes and notes that China has threatened but not formally announced a wheat ban.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/49105-australia-to-harvest-bumper-wheat-crop-2021-01-27-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A large Australian crop and strong export forecast add meaningful supply to world wheat markets, pressuring prices, especially in Southeast Asia where Australia is expected to regain share.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-30 | [Australia set to harvest record grain crop \| World Grain](https://feedsoft.ai/events/44019-australia-set-to-harvest-record-grain-crop-world-grain.md) | -1.0% | -3.4% |
| WHEAT | 2021-09-08 | [Australia to harvest another bumper wheat crop 08.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/45033-australia-to-harvest-another-bumper-wheat-crop-08-09-2021-ukragroconsult.md) | +2.2% | +5.0% |
| WHEAT | 2021-02-17 | [Australia raises wheat crop estimate to new record \| 2021-02-17  \| World Grain](https://feedsoft.ai/events/48596-australia-raises-wheat-crop-estimate-to-new-record-2021-02-17-world-grain.md) | +0.8% | -0.3% |
| WHEAT | 2025-03-04 | [Bumper winter crop on tap for Australia \| World Grain](https://feedsoft.ai/events/25543-bumper-winter-crop-on-tap-for-australia-world-grain.md) | +0.1% | +2.8% |
| WHEAT | 2023-01-30 | [Australia grain harvest running to record \| World Grain](https://feedsoft.ai/events/37734-australia-grain-harvest-running-to-record-world-grain.md) | +3.4% | +1.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14788-australia-to-harvest-bumper-wheat-crop

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