# Drought Forces Lowest Australian Grain Harvest in More than Ten Years - The Lucas Group

> Rabobank predicts Australia's 2019/20 winter crop at 27.7 million tonnes, the smallest since 2007/08 and 31 percent below the five-year average. Wheat is forecast at 15.84 million tonnes and barley at 7.71 million tonnes, with Queensland yields down more than 30 percent.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/56013-drought-forces-lowest-australian-grain-harvest-in-more-than-ten-years-the-lucas
- 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

A drought-driven shortfall of this size would tighten Australian export supplies and firm global feed grain and wheat prices.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-11 | [Drought lowers Australian grain forecast \| 2018-09-11  \| World Grain](https://feedsoft.ai/events/62987-drought-lowers-australian-grain-forecast-2018-09-11-world-grain.md) | -7.4% | -7.0% |
| WHEAT | 2018-10-10 | [Eastern drought pushes Australian winter crop forecast lower - Grain Central](https://feedsoft.ai/events/62503-eastern-drought-pushes-australian-winter-crop-forecast-lower-grain-central.md) | +8.2% | +4.5% |
| WHEAT | 2018-08-22 | [Record grain harvest potential for Western Australian farmers as prices spike on east coast drought - ABC News](https://feedsoft.ai/events/63501-record-grain-harvest-potential-for-western-australian-farmers-as-prices-spike.md) | +1.0% | -0.6% |
| WHEAT | 2019-05-16 | [Drought takes toll on Australian grain \| 2019-05-16  \| World Grain](https://feedsoft.ai/events/59057-drought-takes-toll-on-australian-grain-2019-05-16-world-grain.md) | +10.5% | +9.9% |
| WHEAT | 2023-10-10 | [COCERAL forecasts the grain harvest in the EU-27 + UK at 289.8 mln tons.](https://feedsoft.ai/events/33560-coceral-forecasts-the-grain-harvest-in-the-eu-27-uk-at-289-8-mln-tons.md) | +0.2% | -1.8% |

## Sources

- lucasgroup.com.au: https://www.lucasgroup.com.au/drought-forces-lowest-australian-grain-harvest-in-more-than-ten-years

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