# Feedgrain Focus: Price moves mixed in thin trade - Beef Central

> Wheat and barley trade in eastern Australia has slowed amid wet-harvest concerns and weaker yield prospects in the west. Lachstock cut its national 2020-21 wheat estimate by 125,000 tonnes to 28.08 Mt, as a cut in WA was only partly offset by a rise in NSW, and the Bureau of Meteorology has declared La Niña active.

- Date: 2020-10-02 · published 2020-10-02T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/50604-feedgrain-focus-price-moves-mixed-in-thin-trade-beef-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A lower national wheat estimate supports prices, while the wet-harvest and La Niña outlook adds to yield uncertainty, though weaker early-October barley bids cap the rally.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-09 | [Feedgrain Focus: Prices firm as thin crops turn to hay - Beef Central](https://feedsoft.ai/events/57196-feedgrain-focus-prices-firm-as-thin-crops-turn-to-hay-beef-central.md) | -0.8% | +4.6% |
| WHEAT | 2022-10-13 | [Feedgrain Focus: Rain limits access, lifts prices - Grain Central](https://feedsoft.ai/events/39200-feedgrain-focus-rain-limits-access-lifts-prices-grain-central.md) | +3.8% | +4.5% |
| WHEAT | 2021-06-18 | [Feedgrain Focus: Sorghum wriggles into rations - Beef Central](https://feedsoft.ai/events/46648-feedgrain-focus-sorghum-wriggles-into-rations-beef-central.md) | -7.5% | -11.2% |
| WHEAT | 2019-08-30 | [Feedgrain Focus: Trade slows as crunch nears for borderline crops - Beef Central](https://feedsoft.ai/events/57652-feedgrain-focus-trade-slows-as-crunch-nears-for-borderline-crops-beef-central.md) | -2.8% | +0.9% |
| WHEAT | 2023-06-19 | [Feedgrain Focus: Markets firm as dry north throttles sales - Beef Central](https://feedsoft.ai/events/35602-feedgrain-focus-markets-firm-as-dry-north-throttles-sales-beef-central.md) | +2.6% | +0.5% |

## Sources

- beefcentral.com: https://www.beefcentral.com/news/feedgrain-focus-price-moves-mixed-in-thin-trade/

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