# Wheat Market Outlook – September 21st, 2020 | Sask Wheat

> Exceed Grain Marketing's weekly outlook projects Australia's 2020/21 wheat production at 28.5 million tonnes, up 2.5 million from the prior month and up 88% from last season. Area is estimated at 13.0 million hectares. The report also includes world wheat overview and Saskatchewan and export price tables.

- Date: 2020-09-21 · published 2020-09-21T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/51174-wheat-market-outlook-september-21st-2020-sask-wheat
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A sharp Australian crop rebound adds export supply heading into the new season, which pressures global wheat prices. Larger Australian exports compete with Black Sea and North American origins.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-30 | [Wheat Market Outlook – September 30th, 2019 \| Sask Wheat](https://feedsoft.ai/events/57115-wheat-market-outlook-september-30th-2019-sask-wheat.md) | +0.6% | -1.3% |
| WHEAT | 2020-08-31 | [Wheat Market Outlook – August 31st, 2020 \| Sask Wheat](https://feedsoft.ai/events/51653-wheat-market-outlook-august-31st-2020-sask-wheat.md) | -2.6% | +6.6% |
| WHEAT | 2020-06-29 | [Wheat Market Outlook – June 29th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52643-wheat-market-outlook-june-29th-2020-sask-wheat.md) | -6.5% | -4.5% |
| WHEAT | 2020-06-15 | [Wheat Market Outlook – June 15th, 2020 \| Sask Wheat](https://feedsoft.ai/events/52650-wheat-market-outlook-june-15th-2020-sask-wheat.md) | -1.5% | -5.3% |
| WHEAT | 2017-11-27 | [Wheat Market Outlook – November 27th, 2017 \| Sask Wheat](https://feedsoft.ai/events/68034-wheat-market-outlook-november-27th-2017-sask-wheat.md) | +0.4% | +0.6% |

## Sources

- saskwheat.ca: https://saskwheat.ca/wheat-market-outlook/2020-09-21/

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