# Australia lowers wheat export forecast | 2019-06-18  | World Grain

> ABARES cut its 2019-20 Australian wheat export forecast by nearly 18% to 11.7 Mt from 14.2 Mt in March, as drought continues. Wheat is being imported for the first time in over a decade, and production is expected to rise about 22% to around 21 Mt.

- Date: 2019-06-18 · published 2019-06-18T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/58550-australia-lowers-wheat-export-forecast-2019-06-18-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower Australian export availability tightens supply in Asian import markets and supports world wheat prices, while imports signal domestic feed and milling shortfalls.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-02-18 | [Australia wheat output revised lower \| 2020-02-18  \| World Grain](https://feedsoft.ai/events/54572-australia-wheat-output-revised-lower-2020-02-18-world-grain.md) | -0.9% | -0.1% |
| WHEAT | 2017-12-04 | [Australian grain crops forecast lower in 2017-18 \| World-grain.com \| December 04, 2017 14:05 \| World Grain](https://feedsoft.ai/events/67430-australian-grain-crops-forecast-lower-in-2017-18-world-grain-com-december-04.md) | +2.7% | +0.6% |
| WHEAT | 2025-04-29 | [Australia’s grain crops forecast upbeat \| World Grain](https://feedsoft.ai/events/25088-australia-s-grain-crops-forecast-upbeat-world-grain.md) | +2.1% | -2.8% |
| WHEAT | 2026-04-29 | [Australia’s wheat production forecast to drop \| World Grain](https://feedsoft.ai/events/19682-australia-s-wheat-production-forecast-to-drop-world-grain.md) | -3.1% | -0.4% |
| WHEAT | 2019-12-11 | [Australian wheat export forecast cut, imports tripled: WASDE - Grain Central](https://feedsoft.ai/events/55534-australian-wheat-export-forecast-cut-imports-tripled-wasde-grain-central.md) | +2.6% | +4.1% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/12219-australia-lowers-wheat-export-forecast

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