# Seasonal turnaround drives surge in winter crop production: ABARES - Grain Central

> ABARES's June Agricultural Commodities Report forecasts Australian wheat production will rise 76% to 26.7 million tonnes in 2020-21. Winter crop area is up 23%, with gains above 90% in New South Wales and Queensland after several drought years.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/52532-seasonal-turnaround-drives-surge-in-winter-crop-production-abares-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A much larger Australian wheat crop adds exportable supply in 2020-21 and would pressure world wheat prices and Australian feed-grain values. The increase is a forecast that depends on winter rainfall.

## 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 | 2020-06-10 | [Winter crop production forecast to jump 53pc: ABARES - Grain Central](https://feedsoft.ai/events/52588-winter-crop-production-forecast-to-jump-53pc-abares-grain-central.md) | -1.1% | -5.3% |
| WHEAT | 2021-11-29 | [Record year for Australian winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/44017-record-year-for-australian-winter-crop-production-abares-grain-central.md) | -1.1% | -3.5% |
| WHEAT | 2021-09-07 | [ABARES forecasts record winter crop production - Beef Central](https://feedsoft.ai/events/45029-abares-forecasts-record-winter-crop-production-beef-central.md) | +1.8% | +5.2% |
| 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% |

## Sources

- graincentral.com: https://www.graincentral.com/news/seasonal-turnaround-drives-surge-in-winter-crop-production-abares/

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