# Crop set to be one of the biggest on record as headers start to roll | Farm Online | ACT

> Australia is heading for one of its biggest winter crops on record, driven by forecast record production in NSW and Victoria. Ikon Commodities projects 45 Mt of major crops and 30 Mt of wheat, and analysts expect the crop to rank in the top three years.

- Date: 2020-10-13 · published 2020-10-13T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50602-crop-set-to-be-one-of-the-biggest-on-record-as-headers-start-to-roll-farm
- 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 exportable wheat and barley supplies, which would pressure feed grain prices in export markets.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2016-11-01 | [Near record crop beckons \| Farm Online \| ACT](https://feedsoft.ai/events/73815-near-record-crop-beckons-farm-online-act.md) | +0.2% | -3.5% |
| 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 | 2021-08-23 | [Big numbers for Aussie crop \| Farm Online \| ACT](https://feedsoft.ai/events/45532-big-numbers-for-aussie-crop-farm-online-act.md) | +1.1% | +5.4% |
| WHEAT | 2023-05-09 | [Banks note surprise good start for Aussie croppers \| Farm Online \| ACT](https://feedsoft.ai/events/35900-banks-note-surprise-good-start-for-aussie-croppers-farm-online-act.md) | -0.5% | -7.7% |
| WHEAT | 2016-11-22 | [Crop expected to nudge 50mt \| Farm Online \| ACT](https://feedsoft.ai/events/73810-crop-expected-to-nudge-50mt-farm-online-act.md) | -2.8% | +0.7% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6967850/crop-set-to-be-one-of-the-biggest-on-record/

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