# Australian rains seen briefly hampering wheat supply chain: sources

> Historically heavy rain in New South Wales during the week ended March 21 is expected to briefly disrupt Australian wheat trade and cause delays in export cargoes. Sources say the rain may help winter planting in the long run.

- Date: 2021-03-24 · published 2021-03-24T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/48064-australian-rains-seen-briefly-hampering-wheat-supply-chain-sources
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Export delays from Australian ports can tighten prompt wheat supply to buyers, giving short-term support to wheat prices before supply normalizes.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-08-02 | [Drought sends Australian wheat on a world-beating rally](https://feedsoft.ai/events/9689-drought-sends-australian-wheat-on-a-world-beating-rally.md) | +3.5% | +1.5% |
| WHEAT | 2018-08-01 | [South Australia predicts reduced wheat crop of 3.95Mt - Grain Central](https://feedsoft.ai/events/63506-south-australia-predicts-reduced-wheat-crop-of-3-95mt-grain-central.md) | +3.6% | +1.0% |
| WHEAT | 2022-07-28 | [How big will Western Australia's wheat crop be? - Grain Price News](https://feedsoft.ai/events/40444-how-big-will-western-australia-s-wheat-crop-be-grain-price-news.md) | +4.6% | +0.7% |
| WHEAT | 2023-02-23 | [El Niño expected to bring “normal” wheat crop in Australia - Fastmarkets](https://feedsoft.ai/events/37301-el-nino-expected-to-bring-normal-wheat-crop-in-australia-fastmarkets.md) | -3.0% | -8.7% |
| WHEAT | 2018-05-01 | [Australian wheat farmers plant in dust bowl and pray for rain - The Business Times](https://feedsoft.ai/events/64975-australian-wheat-farmers-plant-in-dust-bowl-and-pray-for-rain-the-business-times.md) | -2.9% | +0.1% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/032421-australian-rains-seen-briefly-hampering-wheat-supply-chain-sources

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