# Grains analysts cut further winter crop tonnage in race to the bottom | Farm Online | ACT

> Australian grain analysts continue to cut their winter crop forecasts, with most now projecting a significant year-on-year drop in production. Rabobank forecasts 27.7 million tonnes for the winter crop and 15.8 million tonnes of wheat, while NAB has wheat at 15.5 million tonnes. The main downgrade driver is Western Australia returning to more normal conditions after last year's bumper crop.

- Date: 2019-10-22 · published 2019-10-22T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/56531-grains-analysts-cut-further-winter-crop-tonnage-in-race-to-the-bottom-farm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A smaller Australian wheat crop tightens exportable supply and supports international wheat prices, while feed-grade barley supplies also tighten for buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-05-30 | [International grain markets catch fire \| Farm Online \| ACT](https://feedsoft.ai/events/8255-international-grain-markets-catch-fire-farm-online-act.md) | +9.6% | +16.2% |
| WHEAT | 2018-11-06 | [Further tonnage shaved off production estimates \| Farm Online \| ACT](https://feedsoft.ai/events/61990-further-tonnage-shaved-off-production-estimates-farm-online-act.md) | +0.1% | +1.2% |
| 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 | 2022-07-13 | [NSW big wet to be an X-factor in national crop yields \| Farm Online \| ACT](https://feedsoft.ai/events/40445-nsw-big-wet-to-be-an-x-factor-in-national-crop-yields-farm-online-act.md) | +8.2% | +8.0% |
| WHEAT | 2023-08-16 | [National crop defies the odds and remains on track for average yields \| Farm Online \| ACT](https://feedsoft.ai/events/34523-national-crop-defies-the-odds-and-remains-on-track-for-average-yields-farm.md) | -1.7% | -4.3% |

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6452654/analysts-cut-further-winter-crop-tonnage-in-race-to-the-bottom/

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