# Mixed prospects for Australian winter crop: ABARES - Grain Central

> ABARES' June quarter Agricultural Commodities Report forecasts the value of Australian crop production to hold at $30 billion in 2019-20, weighed down by lower world prices for wheat and barley. Better rainfall in south-eastern Australia and central Queensland has produced a stronger winter crop start than last year, with grain production forecast up 20% to 36.4 Mt. The China–US trade dispute is flagged as a key downside risk to export forecasts.

- Date: 2019-06-17 · published 2019-06-17T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/58543-mixed-prospects-for-australian-winter-crop-abares-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A recovery in Australian output after drought adds supply to export markets while lower world wheat and barley prices reduce feed grain values. The trade dispute could weaken Chinese import demand for agricultural goods.

## Read by commodity

- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-11-29 | [Record year for Australian winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/44017-record-year-for-australian-winter-crop-production-abares-grain-central.md) | -1.1% | -3.5% |
| WHEAT | 2021-02-15 | [ABARES puts Australian wheat crop at record 33.3Mt - Grain Central](https://feedsoft.ai/events/48594-abares-puts-australian-wheat-crop-at-record-33-3mt-grain-central.md) | +9.4% | +9.0% |
| WHEAT | 2020-06-10 | [Winter crop production forecast to jump 53pc: ABARES - Grain Central](https://feedsoft.ai/events/52588-winter-crop-production-forecast-to-jump-53pc-abares-grain-central.md) | -1.1% | -5.3% |
| WHEAT | 2020-10-22 | [Australia on track for above-average winter crop: Rabobank - Grain Central](https://feedsoft.ai/events/50600-australia-on-track-for-above-average-winter-crop-rabobank-grain-central.md) | -0.5% | -4.7% |
| WHEAT | 2025-03-04 | [Bumper winter crop on tap for Australia \| World Grain](https://feedsoft.ai/events/25543-bumper-winter-crop-on-tap-for-australia-world-grain.md) | +0.1% | +2.8% |

## Sources

- graincentral.com: https://www.graincentral.com/news/mixed-prospects-for-australian-winter-crop-abares/

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