# Australia’s food security assured, but rice faces shortfall - Grain Central

> An ABARES study concludes Australia is highly food-secure despite recent drought and temporary supermarket shortages caused by COVID-19 stockpiling. The report also flags a possible shortfall in rice supply.

- Date: 2020-04-17 · published 2020-04-17T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/53610-australia-s-food-security-assured-but-rice-faces-shortfall-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

The findings signal no structural domestic food shortage, so they are unlikely to move feed grain prices, though rice supply tightness is a minor upside risk.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-08-07 | [High wheat production ensures Australia’s grain security in COVID era - Grain Central](https://feedsoft.ai/events/51552-high-wheat-production-ensures-australia-s-grain-security-in-covid-era-grain.md) | -1.3% | -0.1% |
| WHEAT | 2018-08-28 | [Sell the rumour, buy the fact - Grain Central](https://feedsoft.ai/events/63611-sell-the-rumour-buy-the-fact-grain-central.md) | +6.2% | -0.7% |
| WHEAT | 2023-05-15 | [USDA sees 26pc drop in Australia's new-crop wheat - Grain Central](https://feedsoft.ai/events/35906-usda-sees-26pc-drop-in-australia-s-new-crop-wheat-grain-central.md) | -1.6% | -7.1% |
| WHEAT | 2020-12-03 | [Second largest harvest on record sees grain prices fall \| Meat & Livestock Australia](https://feedsoft.ai/events/49629-second-largest-harvest-on-record-sees-grain-prices-fall-meat-and-livestock.md) | +9.8% | +9.8% |
| WHEAT | 2017-03-07 | [What does ABARES' crystal ball see ahead for grain prices? - Grain Central](https://feedsoft.ai/events/71944-what-does-abares-crystal-ball-see-ahead-for-grain-prices-grain-central.md) | -0.6% | +0.1% |

## Sources

- graincentral.com: https://www.graincentral.com/news/australias-food-security-assured-but-rice-faces-shortfall/

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