# Australia to export less wheat, more barley: USDA FAS

> USDA FAS cut its 2023-24 forecast for Australian wheat exports by 2 million tonnes to 21 million tonnes. It raised its barley export forecast by 0.5 million tonnes to 5.5 million tonnes. Projected barley production is 10 million tonnes, down from 14.14 million tonnes.

- Date: 2023-07-03 · published 2023-07-03T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/35013-australia-to-export-less-wheat-more-barley-usda-fas
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Australian wheat exports tighten global wheat supply and support prices. Higher barley exports partly offset this for barley buyers, which is a bearish factor for barley relative to wheat.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-25 | [FAS USDA forecasts sharp decline of the wheat and barley crops in Australia](https://feedsoft.ai/events/71463-fas-usda-forecasts-sharp-decline-of-the-wheat-and-barley-crops-in-australia.md) | +3.6% | +2.1% |
| WHEAT | 2024-04-30 | [Declines expected for Australian wheat, barley - MarketsFarm](https://feedsoft.ai/events/30667-declines-expected-for-australian-wheat-barley-marketsfarm.md) | +2.3% | +14.7% |
| WHEAT | 2019-06-18 | [Australia lowers wheat export forecast \| 2019-06-18  \| World Grain](https://feedsoft.ai/events/58550-australia-lowers-wheat-export-forecast-2019-06-18-world-grain.md) | +7.1% | -3.2% |
| WHEAT | 2017-04-24 | [Australian 2017 wheat crop forecast to reach 24 million tonnes: USDA report - Grain Central](https://feedsoft.ai/events/71469-australian-2017-wheat-crop-forecast-to-reach-24-million-tonnes-usda-report.md) | +2.4% | +1.0% |
| WHEAT | 2025-04-30 | [Australia poised for strong wheat,barley harvests despite dry ...](https://feedsoft.ai/events/25089-australia-poised-for-strong-wheat-barley-harvests-despite-dry.md) | +2.6% | -3.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-to-export-less-wheat-more-barley-usda-fas/

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