# Australian grains recover as rain ends drought - Food & Agribusiness

> Drought-breaking rains in eastern Australia are expected to lift wheat production about 80% to 28 million tonnes in 2020/21. Feed use of wheat is forecast at 4 million tonnes, and high Chinese tariffs are pushing more barley into domestic feed rations.

- Date: 2020-11-05 · published 2020-11-05T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/50131-australian-grains-recover-as-rain-ends-drought-food-and-agribusiness
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Bigger Australian wheat supply weighs on export prices, while lower domestic feed demand for wheat reduces the need for imports.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-04-29 | [Case study: Australia’s pasture growth means less demand for feed - Food & Agribusiness](https://feedsoft.ai/events/53611-case-study-australia-s-pasture-growth-means-less-demand-for-feed-food-and.md) | +2.7% | +2.3% |
| WHEAT | 2018-03-19 | [U.S. grains: Wheat tumbles as rains cross drought-hit Plains - Grainews](https://feedsoft.ai/events/8007-u-s-grains-wheat-tumbles-as-rains-cross-drought-hit-plains-grainews.md) | -0.5% | +3.6% |
| WHEAT | 2020-10-12 | [Dry WA, ideal SE alter Australian wheat, barley forecasts - Grain Central](https://feedsoft.ai/events/50599-dry-wa-ideal-se-alter-australian-wheat-barley-forecasts-grain-central.md) | +1.2% | -0.3% |
| WHEAT | 2024-10-24 | [Argentina Rains 'Turn Game Around' for Grains After Drought, Exchange Says](https://feedsoft.ai/events/13896-argentina-rains-turn-game-around-for-grains-after-drought-exchange-says.md) | +0.3% | -1.4% |
| WHEAT | 2020-06-09 | [After years of drought, good rainfall will boost Australia's grain production by 50 per cent this year - ABC News](https://feedsoft.ai/events/52586-after-years-of-drought-good-rainfall-will-boost-australia-s-grain-production-by.md) | -1.0% | -6.3% |

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/australian-grains-recover-as-rain-ends-drought

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