# Australia: FCStone estimates wheat production at only

> FCStone estimates Australian wheat production at 15.54 million tonnes, about 20 percent below the official 19.2 million tonne estimate, based on a survey of clients. The survey also puts Australian rapeseed at 1.82 million tonnes against official forecasts of 2.3 million.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/56011-australia-fcstone-estimates-wheat-production-at-only
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A smaller Australian crop risks losing export share in Indonesia and South Korea, though falling prices limit how much the forecast lifts world wheat values.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-09-05 | [Australia's ABARES releases September Production Estimates](https://feedsoft.ai/events/34066-australia-s-abares-releases-september-production-estimates.md) | +2.1% | -4.1% |
| WHEAT | 2026-04-30 | [Australia’s wheat production may decline significantly](https://feedsoft.ai/events/19688-australia-s-wheat-production-may-decline-significantly.md) | -3.2% | -0.6% |
| WHEAT | 2025-06-03 | [Australia to cut wheat production by 10% in 2025/26 — ABARES](https://feedsoft.ai/events/24169-australia-to-cut-wheat-production-by-10-in-2025-26-abares.md) | -1.0% | -0.4% |
| WHEAT | 2026-04-29 | [Australia’s wheat production forecast to drop \| World Grain](https://feedsoft.ai/events/19682-australia-s-wheat-production-forecast-to-drop-world-grain.md) | -3.1% | -0.4% |
| WHEAT | 2025-04-01 | [Australia Boosts Wheat Output Estimate on Bumper Crops in States](https://feedsoft.ai/events/25545-australia-boosts-wheat-output-estimate-on-bumper-crops-in-states.md) | -0.8% | +1.8% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/news/newsticker-australia-fcstone-estimates-wheat-production-only-1554-million-tons-2019-11

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