# Winter crop set to increase 45pc on last year, but threats remain: Rural Bank - Grain Central

> Rural Bank expects Australia's winter crop to rise 45 per cent year-on-year, with NSW output up 190 per cent offsetting risks from warm, dry weather in WA and SA. Wheat and barley bulk stocks in WA and SA are expected to fall below one million tonnes by end-August.

- Date: 2020-08-11 · published 2020-08-11T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/51558-winter-crop-set-to-increase-45pc-on-last-year-but-threats-remain-rural-bank
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Expected domestic feed demand decline and a larger exportable surplus point to lower Australian wheat prices, with Rural Bank forecasting a 10-20 per cent fall.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-03-09 | [Grain production to ease back after record winter crop: ABARES - Grain Central](https://feedsoft.ai/events/71941-grain-production-to-ease-back-after-record-winter-crop-abares-grain-central.md) | +0.7% | +0.6% |
| 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 | 2017-02-14 | [Winter crop crosses the finish line on a record high - Grain Central](https://feedsoft.ai/events/72460-winter-crop-crosses-the-finish-line-on-a-record-high-grain-central.md) | -0.8% | -1.2% |
| WHEAT | 2020-10-22 | [Australia on track for above-average winter crop: Rabobank - Grain Central](https://feedsoft.ai/events/50600-australia-on-track-for-above-average-winter-crop-rabobank-grain-central.md) | -0.5% | -4.7% |
| WHEAT | 2024-06-04 | [Australian winter crop totals expected to increase 9% \| World Grain](https://feedsoft.ai/events/29706-australian-winter-crop-totals-expected-to-increase-9-world-grain.md) | +2.7% | -8.5% |

## Sources

- graincentral.com: https://www.graincentral.com/news/winter-crop-set-to-increase-45pc-on-last-year-but-threats-remain-rural-bank/

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