# Wheat crop size under pressure | Farm Online | ACT

> Western Australia cut its wheat estimate by 470,000 t to 5.38 Mt, and USDA lowered Australia's crop to 16.1 Mt. Traders now talk of a national crop below 15 Mt and wheat exports at a 12-year low of 9.22 Mt.

- Date: 2019-12-15 · published 2019-12-15T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/55532-wheat-crop-size-under-pressure-farm-online-act
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Shrinking Australian exports and a possible sub-15 Mt crop tighten wheat supply to Asian feed buyers, supporting wheat prices.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-11-18 | [WA wheat crop forecast dives \| Farm Online \| ACT](https://feedsoft.ai/events/56007-wa-wheat-crop-forecast-dives-farm-online-act.md) | +3.8% | +3.1% |
| WHEAT | 2019-06-17 | [Wet weather in US pushes up wheat futures \| Farm Online \| ACT](https://feedsoft.ai/events/58618-wet-weather-in-us-pushes-up-wheat-futures-farm-online-act.md) | -6.1% | -8.7% |
| WHEAT | 2019-10-11 | [Analysts predicting lowest crop since 06-07 \| Farm Online \| ACT](https://feedsoft.ai/events/56537-analysts-predicting-lowest-crop-since-06-07-farm-online-act.md) | +4.8% | +2.1% |
| WHEAT | 2017-05-02 | [Massive US storm impacts wheat markets \| Farm Online \| ACT](https://feedsoft.ai/events/6138-massive-us-storm-impacts-wheat-markets-farm-online-act.md) | -2.3% | -1.4% |
| WHEAT | 2020-05-26 | [Canadian Wheat Crop Boosts Export Pressure](https://feedsoft.ai/events/53174-canadian-wheat-crop-boosts-export-pressure.md) | -0.8% | -0.2% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6544442/wheat-crop-size-under-pressure/

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