# Grain trade flows shifting | 2021-01-29  | World Grain

> Speakers at a Black Sea price-drivers conference said 2020-21 is a year of shifting grain trade flows, with Australia's wheat crop larger than expected and Europe needing imports. Australian wheat was estimated by ABARES at 31.2 million tonnes, with some expecting 35 million. Yields in Western Australia were significantly better than expected.

- Date: 2021-01-29 · published 2021-01-29T12:00:00.000Z
- Category: trade · region Australia · magnitude low
- Page: https://feedsoft.ai/events/48979-grain-trade-flows-shifting-2021-01-29-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A bigger Australian crop competing with Black Sea supplies for export business could cap wheat export prices and reshape which origins win Asian and European tenders.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-24 | [Trade war lowers China’s grain imports \| 2018-09-24  \| World Grain](https://feedsoft.ai/events/62890-trade-war-lowers-china-s-grain-imports-2018-09-24-world-grain.md) | -0.1% | +7.8% |
| WHEAT | 2019-01-22 | [Ukraine grain exports rise \| 2019-01-22  \| World Grain](https://feedsoft.ai/events/60946-ukraine-grain-exports-rise-2019-01-22-world-grain.md) | -0.0% | -2.1% |
| WHEAT | 2025-11-27 | [Focus on Argentina \| World Grain](https://feedsoft.ai/events/13826-focus-on-argentina-world-grain.md) | +2.1% | +1.0% |
| WHEAT | 2019-05-24 | [Russian grain exports forecast to rise \| 2019-05-24  \| World Grain](https://feedsoft.ai/events/58944-russian-grain-exports-forecast-to-rise-2019-05-24-world-grain.md) | -12.2% | -6.1% |
| WHEAT | 2019-04-04 | [U.S. grains: Trade hopes spur gains in soy futures - Grainews](https://feedsoft.ai/events/59635-u-s-grains-trade-hopes-spur-gains-in-soy-futures-grainews.md) | +3.0% | -2.8% |
| KWHEAT | 2016-11-21 | [Black Sea exports a burgeoning threat \| World-grain.com \| November 21, 2016 15:25 \| World Grain](https://feedsoft.ai/events/73782-black-sea-exports-a-burgeoning-threat-world-grain-com-november-21-2016-15-25.md) | -0.5% | +0.1% |
| KWHEAT | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -3.8% | +7.1% |
| KWHEAT | 2024-10-24 | [Dry Bulk Grain Flows — Breakwave Advisors](https://feedsoft.ai/events/16995-dry-bulk-grain-flows-breakwave-advisors.md) | -1.7% | -4.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14802-grain-trade-flows-shifting

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