# Australia to Harvest Second Biggest Wheat Crop on Record | Feed & Grain

> ABARES raised its 2020/21 Australian wheat production forecast by nearly 10% to 31.17 million tonnes, up from 28.91 million in September. That would be the country's second-biggest wheat crop on record, just short of the 31.8 million tonne high in 2016/17. Harvest is already under way in many regions.

- Date: 2020-12-03 · published 2020-12-03T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/49623-australia-to-harvest-second-biggest-wheat-crop-on-record-feed-and-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A near-record Australian crop adds export supply just as global wheat prices sit at multi-year highs, which points to downward pressure on FOB wheat prices. Lower wheat values can make wheat a cheaper feed alternative to corn.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-01-23 | [Australia set to harvest bigger crops after rains defy El Nino](https://feedsoft.ai/events/32081-australia-set-to-harvest-bigger-crops-after-rains-defy-el-nino.md) | -0.1% | -5.5% |
| WHEAT | 2020-07-16 | [Australian farmers prepare to harvest large wheat crop](https://feedsoft.ai/events/52069-australian-farmers-prepare-to-harvest-large-wheat-crop.md) | -0.0% | -2.6% |
| WHEAT | 2023-10-23 | [Rainfall lifts Australia’s wheat harvest by several million tons](https://feedsoft.ai/events/33573-rainfall-lifts-australia-s-wheat-harvest-by-several-million-tons.md) | -2.5% | -4.8% |
| WHEAT | 2025-08-27 | [Analysts lift Australia's wheat harvest forecast on improved crop conditions — TradingView News](https://feedsoft.ai/events/23270-analysts-lift-australia-s-wheat-harvest-forecast-on-improved-crop-conditions.md) | +0.1% | -0.9% |
| WHEAT | 2021-07-13 | [Aussie winter crop setting up for another big harvest - Grain Central](https://feedsoft.ai/events/45983-aussie-winter-crop-setting-up-for-another-big-harvest-grain-central.md) | +1.3% | -0.4% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15388532/australia-to-harvest-second-biggest-wheat-crop-on-record

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