# Just when Australia needs it, wheat farmers start bumper harvest

> Australia's wheat harvest is expected to reach about 29 million tonnes, up roughly 90% from last season, according to government forecasts. Recovery is led by areas including Moree in New South Wales.

- Date: 2020-11-02 · published 2020-11-02T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50130-just-when-australia-needs-it-wheat-farmers-start-bumper-harvest
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A sharp rebound in Australian wheat output expands export supply and weighs on global wheat and feed grain prices.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-05-25 | [Favourable Australian weather spells second bumper wheat harvest \| Financial Post](https://feedsoft.ai/events/47056-favourable-australian-weather-spells-second-bumper-wheat-harvest-financial-post.md) | -2.5% | -3.2% |
| WHEAT | 2020-11-13 | [Australian harvest puts pressure on wheat prices \| Farm Weekly \| WA](https://feedsoft.ai/events/50202-australian-harvest-puts-pressure-on-wheat-prices-farm-weekly-wa.md) | -2.7% | +4.2% |
| WHEAT | 2020-12-03 | [Australia to Harvest Second Biggest Wheat Crop on Record \| Feed & Grain](https://feedsoft.ai/events/49623-australia-to-harvest-second-biggest-wheat-crop-on-record-feed-and-grain.md) | +9.8% | +9.8% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/world/asia-pacific/just-when-australia-needs-it-wheat-farmers-start-bumper-harvest-idUSKBN27I02L/

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