# Outlook less certain for upcoming season: Conisbee - Grain Central

> Ray White chief economist Nerida Conisbee says Australia's 2022 farm conditions were exceptional but the 2023 outlook is more uncertain. Wheat and beef account for a third of production value, and wheat production reached a record value of $13.1 billion in 2022.

- Date: 2023-08-07 · published 2023-08-07T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/34526-outlook-less-certain-for-upcoming-season-conisbee-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A less favourable Australian season outlook points to lower grain output ahead, which supports feed grain prices, though the commentary is largely macro and forward-looking.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-09-01 | [Interest rate outlook directing grain price potential](https://feedsoft.ai/events/17813-interest-rate-outlook-directing-grain-price-potential.md) | +0.8% | +0.1% |
| WHEAT | 2025-04-09 | [Feedgrain Focus: Weak dollar lifts values - Grain Central](https://feedsoft.ai/events/25180-feedgrain-focus-weak-dollar-lifts-values-grain-central.md) | +1.4% | +5.0% |
| WHEAT | 2018-08-02 | [Australian volume needed as Asia seeks extra 20Mt of wheat - Grain Central](https://feedsoft.ai/events/63425-australian-volume-needed-as-asia-seeks-extra-20mt-of-wheat-grain-central.md) | +3.5% | +1.5% |
| WHEAT | 2017-12-20 | [Welch gives wheat market outlook for 2018 \| texaswheat.org](https://feedsoft.ai/events/67517-welch-gives-wheat-market-outlook-for-2018-texaswheat-org.md) | +0.4% | +0.7% |
| WHEAT | 2022-01-24 | [2022 Price Outlook for Hard Red Winter and Soft Red Winter Wheat](https://feedsoft.ai/events/43177-2022-price-outlook-for-hard-red-winter-and-soft-red-winter-wheat.md) | +1.0% | -1.4% |

## Sources

- graincentral.com: https://www.graincentral.com/news/outlook-less-certain-for-upcoming-season-conisbee/

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