# Australian wheat export forecast cut, imports tripled: WASDE - Grain Central

> USDA's December WASDE cut its forecast for Australian wheat exports to 8.4 Mt from 9 Mt and tripled 2019/20 imports to 450,000 t. It also cut Argentina's wheat crop to 19 Mt and exports to 13 Mt, lowering global 2019/20 wheat output to 765.4 Mt.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/55534-australian-wheat-export-forecast-cut-imports-tripled-wasde-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Lower export availability from Australia and Argentina tightens global wheat supplies, supporting wheat prices for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-18 | [Australia lowers wheat export forecast \| 2019-06-18  \| World Grain](https://feedsoft.ai/events/58550-australia-lowers-wheat-export-forecast-2019-06-18-world-grain.md) | +7.1% | -3.2% |
| WHEAT | 2017-04-24 | [Australian 2017 wheat crop forecast to reach 24 million tonnes: USDA report - Grain Central](https://feedsoft.ai/events/71469-australian-2017-wheat-crop-forecast-to-reach-24-million-tonnes-usda-report.md) | +2.4% | +1.0% |
| WHEAT | 2024-12-10 | [USDA forecasts lower US wheat stocks, raises corn exports in latest WASDE report \| Feed & Grain](https://feedsoft.ai/events/26902-usda-forecasts-lower-us-wheat-stocks-raises-corn-exports-in-latest-wasde-report.md) | -0.2% | -0.5% |
| WHEAT | 2026-04-29 | [Australia’s wheat production forecast to drop \| World Grain](https://feedsoft.ai/events/19682-australia-s-wheat-production-forecast-to-drop-world-grain.md) | -3.1% | -0.4% |
| WHEAT | 2025-04-29 | [Australia’s grain crops forecast upbeat \| World Grain](https://feedsoft.ai/events/25088-australia-s-grain-crops-forecast-upbeat-world-grain.md) | +2.1% | -2.8% |
| KWHEAT | 2022-10-24 | [Canada lifts grain price forecasts, as it upgrades wheat export hopes - Grain Price News](https://feedsoft.ai/events/39181-canada-lifts-grain-price-forecasts-as-it-upgrades-wheat-export-hopes-grain.md) | -2.5% | -1.5% |
| KWHEAT | 2018-03-06 | [Mixed outlook for Australian grain/cotton prospects: ABARES - Grain Central](https://feedsoft.ai/events/65948-mixed-outlook-for-australian-grain-cotton-prospects-abares-grain-central.md) | -4.6% | -9.1% |
| KWHEAT | 2022-11-21 | [Canada lifts canola, durum, wheat price forecasts, amid hopes for export revivals - Grain Price News](https://feedsoft.ai/events/38787-canada-lifts-canola-durum-wheat-price-forecasts-amid-hopes-for-export-revivals.md) | -3.2% | -9.7% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/australian-wheat-export-forecast-cut-imports-tripled-wasde/

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