# Balancing the outlook for agriculture | ANZ

> ANZ analysts said Australian seasonal conditions have been excellent, with strong pasture supporting livestock and dairy producers. They also said Ukraine, a major corn, wheat and sunflower oil exporter, is affected by the Russian invasion and that agricultural prices remain historically high.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/42660-balancing-the-outlook-for-agriculture-anz
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Ukraine's export disruption tightens world corn, wheat and sunoil supply, supporting feed-grain and vegoil prices, while strong Australian pasture trims near-term supplementary feed demand.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-04-01 | [Volatility Meets Viability: The Q2 Outlook for Corn and the Farm Economy](https://feedsoft.ai/events/20189-volatility-meets-viability-the-q2-outlook-for-corn-and-the-farm-economy.md) | -1.7% | +1.5% |
| CORN | 2025-04-28 | [Russia faces a deepening agricultural crisis](https://feedsoft.ai/events/25174-russia-faces-a-deepening-agricultural-crisis.md) | -2.6% | -2.2% |
| CORN | 2026-08-31 | [War and heat: Why are wheat prices soaring? \| Agriculture News \| Al Jazeera](https://feedsoft.ai/events/17934-war-and-heat-why-are-wheat-prices-soaring-agriculture-news-al-jazeera.md) | -0.3% | +2.6% |
| CORN | 2022-03-18 | [Black Sea conflict adds uncertainty to barley outlook - The Barley Bin](https://feedsoft.ai/events/42363-black-sea-conflict-adds-uncertainty-to-barley-outlook-the-barley-bin.md) | +0.0% | +6.2% |
| CORN | 2026-07-16 | [Wheat Soars as Black Sea Conflict Reshapes the Grain Markets \| Agriculture of America](https://feedsoft.ai/events/9562-wheat-soars-as-black-sea-conflict-reshapes-the-grain-markets-agriculture-of.md) | +3.1% | +0.6% |
| WHEAT | 2025-04-28 | [Russia faces a deepening agricultural crisis](https://feedsoft.ai/events/25174-russia-faces-a-deepening-agricultural-crisis.md) | -0.9% | -4.3% |
| WHEAT | 2026-08-31 | [War and heat: Why are wheat prices soaring? \| Agriculture News \| Al Jazeera](https://feedsoft.ai/events/17934-war-and-heat-why-are-wheat-prices-soaring-agriculture-news-al-jazeera.md) | +2.2% | +6.1% |
| WHEAT | 2022-03-18 | [Black Sea conflict adds uncertainty to barley outlook - The Barley Bin](https://feedsoft.ai/events/42363-black-sea-conflict-adds-uncertainty-to-barley-outlook-the-barley-bin.md) | +14.9% | +5.2% |

## Sources

- anz.com.au: https://www.anz.com.au/bluenotes/2022/02/anz-agribusiness-infocus-farming-wheat-harvesting-economy-news/

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