# Summer crop declines add to feed pressure - Mecardo

> Mecardo reports that ABARES forecasts Australian sorghum production to fall 39% in 2023-24 to about 1.5 million tonnes, driven by 21% less planted area and yields dropping from 3.65 to 2.85 t/ha. Dry winter conditions left dryland crops short of soil moisture, while irrigated crops benefit from stored water.

- Date: 2023-09-19 · published 2023-09-19T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/34231-summer-crop-declines-add-to-feed-pressure-mecardo
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A sharp drop in Australian sorghum supply tightens feed grain availability in eastern Australia and can lift local feed prices. The forecast is near the 10-year average, so the tightening is relative to recent wet-year supply.

## Read by commodity

- CORN: neutral
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-08-29 | [Feed markets on the move - Mecardo](https://feedsoft.ai/events/34640-feed-markets-on-the-move-mecardo.md) | -2.8% | -9.5% |
| CORN | 2017-08-10 | [How will summer drought and this fall’s corn crop affect feeder cattle](https://feedsoft.ai/events/69610-how-will-summer-drought-and-this-fall-s-corn-crop-affect-feeder-cattle.md) | -4.5% | -6.5% |
| CORN | 2026-03-26 | [Extreme weather added drought pressure to High Plains - High Plains Journal](https://feedsoft.ai/events/13013-extreme-weather-added-drought-pressure-to-high-plains-high-plains-journal.md) | -2.5% | -1.8% |
| CORN | 2026-02-17 | [Climate Prediction Center: La Niña Likely to Fade, El Niño May Develop by Summer - Southeast AgNET](https://feedsoft.ai/events/20522-climate-prediction-center-la-nina-likely-to-fade-el-nino-may-develop-by-summer.md) | -1.0% | +4.5% |
| CORN | 2023-02-01 | [Weather Outlook Through Summer 2023 Points to Variability as La Nina Starts Decline](https://feedsoft.ai/events/37710-weather-outlook-through-summer-2023-points-to-variability-as-la-nina-starts.md) | +1.2% | -4.9% |

## Sources

- mecardo.com.au: https://mecardo.com.au/summer-crop-declines-add-to-feed-pressure/

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