# INTL FCStone predicts wheat will slip below 15Mt - Grain Central

> INTL FCStone's client survey puts Australia's 2019/20 wheat crop at 14.97 Mt, barley at 8.77 Mt and canola at 1.96 Mt. These estimates sit below ABARES for wheat and canola, and growers are holding back forward sales amid drought.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/55531-intl-fcstone-predicts-wheat-will-slip-below-15mt-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Estimates below official forecasts and reluctant farmer selling point to tighter Australian wheat availability, supporting prices for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-08-01 | [South Australia predicts reduced wheat crop of 3.95Mt - Grain Central](https://feedsoft.ai/events/63506-south-australia-predicts-reduced-wheat-crop-of-3-95mt-grain-central.md) | +3.6% | +1.0% |
| WHEAT | 2018-03-02 | [Wheat futures surge - Grain Central](https://feedsoft.ai/events/12430-wheat-futures-surge-grain-central.md) | +0.5% | -0.4% |
| WHEAT | 2020-10-08 | [Wheat price rally fuelled by Russia - Grain Central](https://feedsoft.ai/events/11635-wheat-price-rally-fuelled-by-russia-grain-central.md) | +0.0% | -0.6% |
| WHEAT | 2017-06-06 | [What will be the trigger to push grain prices higher? - Grain Central](https://feedsoft.ai/events/70536-what-will-be-the-trigger-to-push-grain-prices-higher-grain-central.md) | -1.0% | +2.0% |
| WHEAT | 2020-05-26 | [Wheat production concerns in Europe spook markets - Grain Central](https://feedsoft.ai/events/53054-wheat-production-concerns-in-europe-spook-markets-grain-central.md) | -0.8% | -0.2% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/intl-fcstone-predicts-wheat-will-slip-below-15mt/

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