# Australia: Supply drives price moves

> Tight logistics lifted northern Australian cereal prices, while harvest pressure weighed on barley in Victoria and South Australia. Good NSW wheat quality narrowed grade spreads, and large volumes of low-quality grain are expected in January.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: logistics · region Australia · magnitude low
- Page: https://feedsoft.ai/events/38316-australia-supply-drives-price-moves
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Regional supply imbalances keep northern feed grain firm while southern barley softens, and expected January low-grade volumes could add further pressure on prices.

## Read by commodity

- WHEAT: neutral
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-04-06 | [Grain Trade Australia says record crop, not market failure behind price lag \| Farm Online \| ACT](https://feedsoft.ai/events/36374-grain-trade-australia-says-record-crop-not-market-failure-behind-price-lag-farm.md) | -3.0% | -2.4% |
| WHEAT | 2019-02-26 | [Sun sets on Eyre Peninsula rail as Viterra moves to road - Grain Central](https://feedsoft.ai/events/60603-sun-sets-on-eyre-peninsula-rail-as-viterra-moves-to-road-grain-central.md) | +0.8% | +5.2% |
| WHEAT | 2021-03-23 | [Hot sea-freight market boosts Australian export opportunities - Grain Central](https://feedsoft.ai/events/48320-hot-sea-freight-market-boosts-australian-export-opportunities-grain-central.md) | -0.9% | -0.8% |
| WHEAT | 2017-11-02 | [Australian rail union suspends industrial action in Pacific National dispute - World Socialist Web Site](https://feedsoft.ai/events/67995-australian-rail-union-suspends-industrial-action-in-pacific-national-dispute.md) | +0.3% | -1.5% |
| WHEAT | 2017-05-01 | [Grain trades drive Black Sea ports ‣ WorldCargo News](https://feedsoft.ai/events/70859-grain-trades-drive-black-sea-ports-worldcargo-news.md) | +2.3% | +1.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/australia-supply-drives-price-moves/

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