# More than a grain of hope as winter crops begin harvest  | ANZ

> ANZ says Australia's winter crop harvest is starting with a strong outlook after late rains in the south-east. It describes most major commodities as looking good, while noting that farm debt has risen 9% and that COVID-19 uncertainty persists.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/50601-more-than-a-grain-of-hope-as-winter-crops-begin-harvest-anz
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Expectations of a strong Australian wheat harvest point to more export supply, which tends to weigh on international feed grain prices.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- anz.com.au: https://www.anz.com.au/bluenotes/2020/10/anz-agribusiness-infocus-insights-grain-wheat-covid19/

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