# Aussie crop the smallest in a decade | Farm Online | ACT

> ABARES downgraded Australia's winter crop by 12 per cent from its September estimate to 29.3 million tonnes, with wheat at 17 million tonnes, the lowest since 2008. Canola is forecast down 39 per cent to 2.2 million tonnes, and Western Australia is carrying over half of national production.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/61535-aussie-crop-the-smallest-in-a-decade-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Canola's sharp drop reduces Australian meal supply to export markets, and the wheat shortfall means more transshipments from Western Australia, which supports prices for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-10-14 | [Australian crop limps towards the line \| Farm Online \| ACT](https://feedsoft.ai/events/68400-australian-crop-limps-towards-the-line-farm-online-act.md) | -0.4% | -3.9% |
| WHEAT | 2019-11-27 | [Aussie harvest hits full swing \| Farm Online \| ACT](https://feedsoft.ai/events/56009-aussie-harvest-hits-full-swing-farm-online-act.md) | -0.1% | -1.6% |
| WHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +3.8% | +3.1% |
| WHEAT | 2018-11-01 | [Australia set for smallest winter crop in a decade: Rural Bank - Grain Central](https://feedsoft.ai/events/61992-australia-set-for-smallest-winter-crop-in-a-decade-rural-bank-grain-central.md) | -3.7% | -5.1% |
| WHEAT | 2019-12-15 | [Wheat crop size under pressure \| Farm Online \| ACT](https://feedsoft.ai/events/55532-wheat-crop-size-under-pressure-farm-online-act.md) | +2.0% | +4.8% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5797827/aussie-crop-the-smallest-in-a-decade/

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