# Grain harvest tipped to be second biggest on record, as trade tensions with China escalate - ABC News

> ABARES tipped a 51.5Mt national winter crop, 7.4% above its September forecast, with New South Wales on the verge of a record harvest. The article also says barley prices have dropped after China introduced tariffs on Australian barley.

- Date: 2020-11-30 · published 2020-11-30T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50129-grain-harvest-tipped-to-be-second-biggest-on-record-as-trade-tensions-with
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A near-record Australian crop increases global feed grain supply and weighs on export prices, while Chinese barley tariffs limit Australia's access to a major buyer.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: 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 | 2023-01-24 | [SA harvest intake second-largest on record for Viterra - Grain Central](https://feedsoft.ai/events/37737-sa-harvest-intake-second-largest-on-record-for-viterra-grain-central.md) | +4.1% | +3.2% |
| WHEAT | 2021-02-15 | [Winter harvest near record, summer crop on the improve: ABARES - Grain Central](https://feedsoft.ai/events/48595-winter-harvest-near-record-summer-crop-on-the-improve-abares-grain-central.md) | +9.4% | +9.0% |
| WHEAT | 2020-12-03 | [Second largest harvest on record sees grain prices fall \| Meat & Livestock Australia](https://feedsoft.ai/events/49629-second-largest-harvest-on-record-sees-grain-prices-fall-meat-and-livestock.md) | +9.8% | +9.8% |
| WHEAT | 2026-01-04 | [Winter crop harvest for 2025-26 tipped at second highest on record - Australasian Farmers' & Dealers' Journal](https://feedsoft.ai/events/21019-winter-crop-harvest-for-2025-26-tipped-at-second-highest-on-record-australasian.md) | +0.6% | +3.1% |

## Sources

- abc.net.au: https://www.abc.net.au/news/2020-12-01/australian-grain-harvest-to-set-new-records/12935994

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