# Feedgrain Focus: American dry, lower dollar lift bids 22.07.2021 - UkrAgroConsult

> Australian feed grain export bids rose this week as the Australian dollar weakened and hot, dry weather hit North America's northern wheat regions. Nearby Australian wheat rose up to A$13/t, and sorghum prices were mixed. Rain in southern Australia has waterlogged some crops, while dry weather in Queensland helped the sorghum harvest advance.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/12499-feedgrain-focus-american-dry-lower-dollar-lift-bids-22-07-2021-ukragroconsult
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker Australian dollar makes Australian grain cheaper for export, while North American dryness tightens global wheat supply, lifting feed grain values.

## Read by commodity

- WHEAT: bullish ▲
- AUDUSD: bearish ▼
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-09-19 | [La Nina Weakening for South America 19.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/13703-la-nina-weakening-for-south-america-19-09-2022-ukragroconsult.md) | +4.9% | -9.7% |
| WHEAT | 2021-11-23 | [EU grain sowings near end, dry weather a concern in some parts – MARS 23.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/43991-eu-grain-sowings-near-end-dry-weather-a-concern-in-some-parts-mars-23-11-2021.md) | -2.6% | -4.0% |
| WHEAT | 2018-09-20 | [Feedgrain Focus: WA frost and eastern dry lift values - Grain Central](https://feedsoft.ai/events/63096-feedgrain-focus-wa-frost-and-eastern-dry-lift-values-grain-central.md) | +0.1% | +7.9% |
| WHEAT | 2022-09-27 | [Agriculture Weather Watch: No Respite For Argentinian Wheat Despite Rain Forecast 27.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/39523-agriculture-weather-watch-no-respite-for-argentinian-wheat-despite-rain.md) | +1.8% | -10.0% |
| WHEAT | 2022-07-19 | [After a 5-day fall, wheat prices rose on forecasts of heat in the US and the EU 19.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40526-after-a-5-day-fall-wheat-prices-rose-on-forecasts-of-heat-in-the-us-and-the-eu.md) | -11.3% | -0.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/feedgrain-focus-american-dry-lower-dollar-lift-bids/

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