# Record crop could lose 4.65mt according to estimate | Farm Online | ACT

> Grain growers highlighted a 4.65 million tonne gap between the ABS preliminary 2016-17 wheat estimate of 30.35 million tonnes and ABARES's 35 million tonne figure. Growers are calling for more transparent stocks reporting, as the discrepancy has become a point of controversy.

- Date: 2018-01-17 · published 2018-01-17T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66944-record-crop-could-lose-4-65mt-according-to-estimate-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Uncertainty over the true size of Australia's previous crop and stocks clouds export supply estimates, which can add volatility to wheat pricing as buyers reassess availability.

## Read by commodity

- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-01-22 | [ABS says variation in crop estimates is normal \| Farm Online \| ACT](https://feedsoft.ai/events/66945-abs-says-variation-in-crop-estimates-is-normal-farm-online-act.md) | +3.2% | +6.0% |
| WHEAT | 2020-03-02 | [Cropping to lead the way in ag comeback \| Farm Online \| ACT](https://feedsoft.ai/events/54102-cropping-to-lead-the-way-in-ag-comeback-farm-online-act.md) | -0.1% | -4.3% |
| WHEAT | 2026-02-13 | [GIWA estimate for record crop settles on 27.35Mt - Grain Central](https://feedsoft.ai/events/20556-giwa-estimate-for-record-crop-settles-on-27-35mt-grain-central.md) | +0.9% | +4.0% |
| WHEAT | 2019-08-13 | [USDA springs further surprise in crop report \| Farm Online \| ACT](https://feedsoft.ai/events/11740-usda-springs-further-surprise-in-crop-report-farm-online-act.md) | -1.7% | -3.9% |
| WHEAT | 2023-12-08 | [Winter crop of 46.1m tonnes strong for an El Nino season \| Farm Online \| ACT](https://feedsoft.ai/events/32666-winter-crop-of-46-1m-tonnes-strong-for-an-el-nino-season-farm-online-act.md) | -4.0% | +1.2% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5171686/the-case-of-the-amazing-shrinking-2016-17-crop/

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