# North braces for ongoing tight grain supplies  | Queensland Country Life | QLD

> Australian winter crop production is forecast to rise 20% after last year's drought, but dry weather continues to threaten supplies in southern Queensland. New crop stockfeed wheat prices in Queensland jumped $20 to $390 a tonne in the prior week on northern crop concerns and WA wheat strength.

- Date: 2019-06-17 · published 2019-06-17T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/58546-north-braces-for-ongoing-tight-grain-supplies-queensland-country-life-qld
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight northern feed grain supplies keep stockfeed wheat prices elevated for Queensland feedlots and feedmills, even as national output recovers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-09-24 | [Grain prices surge as crop sink \| Queensland Country Life \| QLD](https://feedsoft.ai/events/62991-grain-prices-surge-as-crop-sink-queensland-country-life-qld.md) | -0.1% | +7.8% |
| WHEAT | 2019-08-18 | [Grain prices firm on WA crop concerns  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/57540-grain-prices-firm-on-wa-crop-concerns-queensland-country-life-qld.md) | -1.3% | -3.5% |
| WHEAT | 2020-01-16 | [Grain prices rally after disappointing harvest \| Queensland Country Life \| QLD](https://feedsoft.ai/events/55032-grain-prices-rally-after-disappointing-harvest-queensland-country-life-qld.md) | -0.2% | -5.3% |
| WHEAT | 2017-08-21 | [Forecasters predict improved spring rain

 \| Queensland Country Life \| QLD](https://feedsoft.ai/events/69376-forecasters-predict-improved-spring-rain-queensland-country-life-qld.md) | -3.4% | +3.6% |
| WHEAT | 2016-05-16 | [Dry weather and weaker dollar lifts grain prices
 \| Queensland Country Life \| QLD](https://feedsoft.ai/events/6787-dry-weather-and-weaker-dollar-lifts-grain-prices-queensland-country-life-qld.md) | -0.7% | +2.7% |

## Sources

- queenslandcountrylife.com.au: https://www.queenslandcountrylife.com.au/story/6221165/north-braces-for-ongoing-tight-grain-supplies/

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