# ABARES slashes grain production forecasts | The Land | NSW

> ABARES forecasts New South Wales winter crop production at 5.1 million tonnes, up 77% on last year but still constrained by hot, dry weather. Drought is spreading south, with further downgrades expected, and northern farmers are waiting for rain before planting summer crops.

- Date: 2019-09-17 · published 2019-09-17T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/57047-abares-slashes-grain-production-forecasts-the-land-nsw
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Persistent drought in NSW tightens feed grain supply in eastern Australia, supporting local wheat and barley prices and pulling grain from export markets.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-19 | [Wheat production forecasts diminishing \| The Land \| NSW](https://feedsoft.ai/events/64495-wheat-production-forecasts-diminishing-the-land-nsw.md) | -0.7% | -3.1% |
| WHEAT | 2018-09-11 | [Drought bites in the east as ABARES forecasts 12pc cut to grain production - ABC News](https://feedsoft.ai/events/62980-drought-bites-in-the-east-as-abares-forecasts-12pc-cut-to-grain-production-abc.md) | -7.4% | -7.0% |
| WHEAT | 2017-09-18 | [ABARES cuts production forecasts

 \| Queensland Country Life \| QLD](https://feedsoft.ai/events/68921-abares-cuts-production-forecasts-queensland-country-life-qld.md) | -0.2% | +3.1% |
| WHEAT | 2017-09-12 | [Forecast decrease for winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/68910-forecast-decrease-for-winter-crop-production-abares-grain-central.md) | +1.0% | +4.5% |
| WHEAT | 2017-09-19 | [Production estimates tumble \| The Land \| NSW](https://feedsoft.ai/events/68916-production-estimates-tumble-the-land-nsw.md) | -6.6% | +3.6% |

## Sources

- theland.com.au: https://www.theland.com.au/story/6390537/abares-slashes-grain-production-forecasts/

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