# Australia’s winter crop production estimated to plummet 23% | 2018-12-04  | World Grain

> ABARES put Australia's winter crop at 29.3 million tonnes, down 23 per cent, with wheat down 20 per cent to 17 million tonnes and canola down 39 per cent to 2.2 million tonnes. Western Australia accounts for a larger share of output, and the wheat decline is expected to cut exports from the world's fourth-largest supplier.

- Date: 2018-12-04 · published 2018-12-04T12:00:00.000Z
- Category: weather · region Australia · magnitude high
- Page: https://feedsoft.ai/events/61534-australia-s-winter-crop-production-estimated-to-plummet-23-2018-12-04-world
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower Australian wheat exports reduce global supply and support feed wheat and barley prices, while the canola shortfall tightens canola meal availability.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-13 | [Australia cuts wheat production forecast \| World-grain.com \| June 12, 2018 20:28 \| World Grain](https://feedsoft.ai/events/64493-australia-cuts-wheat-production-forecast-world-grain-com-june-12-2018-20-28.md) | -2.0% | -8.2% |
| WHEAT | 2020-01-17 | [South Australia estimates winter crop at 6.25Mt - Grain Central](https://feedsoft.ai/events/55029-south-australia-estimates-winter-crop-at-6-25mt-grain-central.md) | +0.1% | -5.2% |
| WHEAT | 2018-12-04 | [Winter crop production down after poor start to spring: ABARES - Grain Central](https://feedsoft.ai/events/61530-winter-crop-production-down-after-poor-start-to-spring-abares-grain-central.md) | -0.3% | +1.5% |
| WHEAT | 2024-10-25 | [Crop estimates reflect tough SE Australian season - Grain Central](https://feedsoft.ai/events/27827-crop-estimates-reflect-tough-se-australian-season-grain-central.md) | +0.1% | -1.6% |
| WHEAT | 2017-09-12 | [Forecast decrease for winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/68910-forecast-decrease-for-winter-crop-production-abares-grain-central.md) | +1.0% | +4.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/11325-australias-winter-crop-production-estimated-to-plummet-23

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