# Australian farmers prepare to harvest large wheat crop

> GrainCorp is recruiting as many as 3,000 staff ahead of a large winter crop in Queensland, New South Wales and Victoria, forecast at up to 21.5 million tonnes. The crop follows a three-year drought and recent better growing conditions.

- Date: 2020-07-16 · published 2020-07-16T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/52069-australian-farmers-prepare-to-harvest-large-wheat-crop
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A large eastern Australian winter crop expands export availability of wheat and barley, which is bearish for world prices and freight demand for Australian grain.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2020-11-02 | [Just when Australia needs it, wheat farmers start bumper harvest](https://feedsoft.ai/events/50130-just-when-australia-needs-it-wheat-farmers-start-bumper-harvest.md) | -1.8% | -7.4% |
| 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 | 2020-09-21 | [Australia prepares for bumper harvest as rain boosts NSW winter crops 300% \| Australian economy \| The Guardian](https://feedsoft.ai/events/51092-australia-prepares-for-bumper-harvest-as-rain-boosts-nsw-winter-crops-300.md) | -1.9% | +7.9% |
| WHEAT | 2021-08-10 | [Australia expecting another large harvest  \| World Grain](https://feedsoft.ai/events/45533-australia-expecting-another-large-harvest-world-grain.md) | +3.4% | +5.1% |

## Sources

- producer.com: https://www.producer.com/markets/australian-farmers-prepare-to-harvest-large-wheat-crop/

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