# Grain prices rally after disappointing harvest | Queensland Country Life | QLD

> Australian grain prices have strengthened as smaller-than-expected WA and SA harvests reach the east coast, where three years of drought have left supplies very tight. Wheat prices rose about AUD 15-20/t and barley AUD 20-30/t in early January as traders chase supply.

- Date: 2020-01-16 · published 2020-01-16T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/55032-grain-prices-rally-after-disappointing-harvest-queensland-country-life-qld
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Tight east coast supplies and rising wheat and barley prices raise feed grain costs for buyers in eastern Australia.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-24 | [Grain prices surge as crop sink \| Queensland Country Life \| QLD](https://feedsoft.ai/events/62991-grain-prices-surge-as-crop-sink-queensland-country-life-qld.md) | -0.1% | +7.8% |
| WHEAT | 2016-05-16 | [Dry weather and weaker dollar lifts grain prices
 \| Queensland Country Life \| QLD](https://feedsoft.ai/events/6787-dry-weather-and-weaker-dollar-lifts-grain-prices-queensland-country-life-qld.md) | -0.7% | +2.7% |
| WHEAT | 2019-08-18 | [Grain prices firm on WA crop concerns  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/57540-grain-prices-firm-on-wa-crop-concerns-queensland-country-life-qld.md) | -1.3% | -3.5% |
| WHEAT | 2019-11-22 | [Variable harvest across Australia \| Queensland Country Life \| QLD](https://feedsoft.ai/events/56014-variable-harvest-across-australia-queensland-country-life-qld.md) | +1.6% | -0.7% |
| WHEAT | 2017-08-21 | [Forecasters predict improved spring rain

 \| Queensland Country Life \| QLD](https://feedsoft.ai/events/69376-forecasters-predict-improved-spring-rain-queensland-country-life-qld.md) | -3.4% | +3.6% |

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/6582027/grain-prices-rally-after-disappointing-harvest/

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