# Australia considering first wheat imports in 12 years | 2019-05-15  | World Grain

> Australia's agriculture department has issued a permit for a single bulk wheat shipment from Canada for domestic processing. If completed, it would be the first Australian wheat import in 12 years. The shipment is expected to arrive in six to eight weeks, subject to strict biosecurity conditions.

- Date: 2019-05-15 · published 2019-05-15T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/59055-australia-considering-first-wheat-imports-in-12-years-2019-05-15-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Import demand for wheat from a major exporter signals tight Australian supply after drought, which supports wheat prices modestly. The volume is small, so the effect on global prices is limited.

## Read by commodity

- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-13 | [Australia cuts wheat production forecast \| World-grain.com \| June 12, 2018 20:28 \| World Grain](https://feedsoft.ai/events/64493-australia-cuts-wheat-production-forecast-world-grain-com-june-12-2018-20-28.md) | -2.0% | -8.2% |
| WHEAT | 2019-05-16 | [Drought takes toll on Australian grain \| 2019-05-16  \| World Grain](https://feedsoft.ai/events/59057-drought-takes-toll-on-australian-grain-2019-05-16-world-grain.md) | +10.5% | +9.9% |
| WHEAT | 2018-09-11 | [Drought lowers Australian grain forecast \| 2018-09-11  \| World Grain](https://feedsoft.ai/events/62987-drought-lowers-australian-grain-forecast-2018-09-11-world-grain.md) | -7.4% | -7.0% |
| WHEAT | 2020-07-27 | [France to produce smallest soft wheat crop in 25 years \| 2020-07-27  \| World Grain](https://feedsoft.ai/events/52048-france-to-produce-smallest-soft-wheat-crop-in-25-years-2020-07-27-world-grain.md) | +0.4% | -1.6% |
| WHEAT | 2019-06-21 | [Russian wheat exports forecast to decline \| 2019-06-21  \| World Grain](https://feedsoft.ai/events/58448-russian-wheat-exports-forecast-to-decline-2019-06-21-world-grain.md) | +7.9% | -3.0% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/12062-australia-considering-first-wheat-imports-in-12-years

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