# Crop expected to nudge 50mt | Farm Online | ACT

> Rural Bank and Rural Finance estimate Australia's winter crop will approach 50 million tonnes, with wheat up 16% to 28 million tonnes and barley up 11% to 10 million tonnes. Yields are expected to be strong despite water damage in central west NSW and frost in Western Australia.

- Date: 2016-11-22 · published 2016-11-22T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/73810-crop-expected-to-nudge-50mt-farm-online-act
- 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

A near-record winter crop increases Australian export availability for wheat and barley, which typically weighs on feed grain and malting prices.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-23 | [Big numbers for Aussie crop \| Farm Online \| ACT](https://feedsoft.ai/events/45532-big-numbers-for-aussie-crop-farm-online-act.md) | +1.1% | +5.4% |
| WHEAT | 2016-11-01 | [Near record crop beckons \| Farm Online \| ACT](https://feedsoft.ai/events/73815-near-record-crop-beckons-farm-online-act.md) | +0.2% | -3.5% |
| WHEAT | 2026-01-05 | [Southern harvest sees yields up to 30pc better than expected \| Farm Online \| ACT](https://feedsoft.ai/events/21022-southern-harvest-sees-yields-up-to-30pc-better-than-expected-farm-online-act.md) | +0.6% | +3.1% |
| WHEAT | 2020-04-27 | [A solid export surplus sought \| Farm Online \| ACT](https://feedsoft.ai/events/53614-a-solid-export-surplus-sought-farm-online-act.md) | -0.5% | +0.4% |
| WHEAT | 2020-06-16 | [Cropping prospects firm up after solid rain \| Farm Online \| ACT](https://feedsoft.ai/events/52594-cropping-prospects-firm-up-after-solid-rain-farm-online-act.md) | +1.5% | -4.7% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/4309234/crop-expected-to-nudge-50mt/

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