# Going With the Grain: A nation-wide look at crop prospects - ABC News

> A national video report looks at Australia's winter crop prospects, which are shaping up as the most promising in years. It also notes a looming trade dispute with China.

- Date: 2020-05-16 · published 2020-05-16T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/53074-going-with-the-grain-a-nation-wide-look-at-crop-prospects-abc-news
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong expected Australian production adds to global grain supply, while the China trade dispute could redirect exports and weigh on barley prices.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-05-05 | [Looking around the grounds at Australia's winter crop prospects \| NSW](https://feedsoft.ai/events/53072-looking-around-the-grounds-at-australia-s-winter-crop-prospects-nsw.md) | -1.7% | -1.0% |
| WHEAT | 2017-01-03 | [U.S. grains: Soy hits six-week low on South American prospects - Grainews](https://feedsoft.ai/events/73024-u-s-grains-soy-hits-six-week-low-on-south-american-prospects-grainews.md) | +2.7% | +3.4% |
| WHEAT | 2017-01-12 | [NSW winter crop set to break the record - ABC News](https://feedsoft.ai/events/72954-nsw-winter-crop-set-to-break-the-record-abc-news.md) | +0.9% | +5.3% |
| WHEAT | 2019-05-29 | [Southern winter crop off to a promising start - Grain Central](https://feedsoft.ai/events/59062-southern-winter-crop-off-to-a-promising-start-grain-central.md) | +9.6% | +15.3% |
| WHEAT | 2016-11-25 | [Record yields at Walgett fuel buoyant national crop outlook - Grain Central](https://feedsoft.ai/events/73809-record-yields-at-walgett-fuel-buoyant-national-crop-outlook-grain-central.md) | -3.0% | +0.8% |

## Sources

- abc.net.au: https://www.abc.net.au/news/rural/programs/landline/2020-05-16/going-with-the-grain:-a-nation-wide-look-at-crop/12256274

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