# Keeping an eye on the grain market - March 4 update | Farm News | Farmers Guardian

> A Farmers Guardian grain market update says Australian wheat production is set to rebound by more than 6 million tonnes to a four-year high of 21.35mt. The recovery follows a catastrophic harvest, helped by improved soil moisture.

- Date: 2020-03-05 · published 2020-03-05T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/54099-keeping-an-eye-on-the-grain-market-march-4-update-farm-news-farmers-guardian
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A larger Australian crop increases export supply in the coming season, which weighs on wheat prices relative to last year's tight domestic market.

## Read by commodity

- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-28 | [SovEcon: Russian and global grain market news – February 28, 2025 - The Sizov Report blog](https://feedsoft.ai/events/26075-sovecon-russian-and-global-grain-market-news-february-28-2025-the-sizov-report.md) | -3.6% | +0.3% |
| WHEAT | 2017-12-08 | [Farming News - US & EU wheat price down - the Weekly Markets](https://feedsoft.ai/events/11626-farming-news-us-and-eu-wheat-price-down-the-weekly-markets.md) | -3.7% | -1.3% |
| WHEAT | 2019-12-16 | [Market Trends Report for December & January - Grain Farmers of Ontario](https://feedsoft.ai/events/9223-market-trends-report-for-december-and-january-grain-farmers-of-ontario.md) | +2.0% | +4.8% |
| WHEAT | 2019-04-08 | [Grain Market Report 10th April - Irish Farmers' Association](https://feedsoft.ai/events/11377-grain-market-report-10th-april-irish-farmers-association.md) | +3.3% | -7.8% |
| WHEAT | 2025-09-29 | [SovEcon: Russian and global grain market news – September 29, 2025 - The Sizov Report blog](https://feedsoft.ai/events/22929-sovecon-russian-and-global-grain-market-news-september-29-2025-the-sizov-report.md) | -0.6% | +1.8% |

## Sources

- farmersguardian.com: https://www.farmersguardian.com/news/4102984/keeping-eye-grain-market-march-update

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