# Weekly update - 20 October 2022 - DAFF

> Heavy rainfall in mid-October brought flooding to southeastern Australia's river catchments, with weekly totals above 50 mm in parts of NSW, Queensland, Victoria and South Australia. The flooding is expected to cause crop losses for some growers and interrupted winter crop harvesting in central Queensland. Below-average September rainfall in Argentina, the US and parts of Russia is also flagged as a risk to wheat output.

- Date: 2022-10-20 · published 2022-10-20T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/39067-weekly-update-20-october-2022-daff
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Australian crop losses and harvest delays tighten near-term wheat, barley and canola supply, while dryness in Argentina, the US and Russia adds upside pressure on world wheat and corn prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-04-21 | [Weekly update - 21 April 2022 - DAFF](https://feedsoft.ai/events/41816-weekly-update-21-april-2022-daff.md) | +8.3% | +12.9% |
| WHEAT | 2023-07-27 | [Weekly update - 27 July 2023 - DAFF](https://feedsoft.ai/events/35011-weekly-update-27-july-2023-daff.md) | +0.0% | -2.0% |
| WHEAT | 2023-02-16 | [Weekly update - 16 February 2023 - DAFF](https://feedsoft.ai/events/37306-weekly-update-16-february-2023-daff.md) | -1.3% | -6.4% |
| WHEAT | 2023-10-19 | [Weekly Australian Climate, Water and Agricultural Update, 19 October 2023 - DAFF](https://feedsoft.ai/events/33572-weekly-australian-climate-water-and-agricultural-update-19-october-2023-daff.md) | -2.6% | -4.4% |
| WHEAT | 2025-10-16 | [Weekly Australian Climate, Water and Agricultural Update, 16 October 2025 - DAFF](https://feedsoft.ai/events/22343-weekly-australian-climate-water-and-agricultural-update-16-october-2025-daff.md) | +0.6% | -2.3% |

## Sources

- agriculture.gov.au: https://www.agriculture.gov.au/abares/products/weekly_update/weekly-update-201022

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