Australia may harvest second consecutive record barley crop in 2026/27

Australia’s 2026/27 barley production is forecast at a record 17.7 million tonnes, up 4.4% year on year and 40% above its 10-year average. Exports are projected at 13 million tonnes, with China expected to buy 75–80% of shipments and Saudi Arabia providing another outlet.

Australian wheat production is forecast to fall 4 million tonnes to 32 million tonnes, though it would remain above its 10-year average.