# Australia: Southern new-crop firms as yield outlook slips

> Southern Australian new-crop wheat and barley prices firmed on limited grower selling amid a dry start to spring. Northern barley eased as harvest approaches, while sorghum firmed on ongoing Chinese interest.

- Date: 2024-09-13 · published 2024-09-13T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/28361-australia-southern-new-crop-firms-as-yield-outlook-slips
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Dry conditions in southern Australia raise yield risk and support wheat and barley values, while continued Chinese sorghum demand supports export prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-10-26 | [Late rain a boost for southern crop yield \| Countryman](https://feedsoft.ai/events/62505-late-rain-a-boost-for-southern-crop-yield-countryman.md) | +0.8% | -3.7% |
| WHEAT | 2022-11-18 | [Australia: Rain reignites southern inverse](https://feedsoft.ai/events/38800-australia-rain-reignites-southern-inverse.md) | +0.8% | -0.4% |
| WHEAT | 2019-09-13 | [WASDE factors in deteriorating Australian crop outlook - Grain Central](https://feedsoft.ai/events/9894-wasde-factors-in-deteriorating-australian-crop-outlook-grain-central.md) | +2.2% | +0.7% |
| WHEAT | 2022-07-28 | [How big will Western Australia's wheat crop be? - Grain Price News](https://feedsoft.ai/events/40444-how-big-will-western-australia-s-wheat-crop-be-grain-price-news.md) | +4.6% | +0.7% |
| WHEAT | 2017-04-18 | [Australia’s wheat crop expected to fall](https://feedsoft.ai/events/71460-australia-s-wheat-crop-expected-to-fall.md) | +1.0% | -0.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-southern-new-crop-firms-as-yield-outlook-slips/

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