# Global Wheat Market Outlook For Australian Growers

> Global wheat values are being driven by supply, with the northern hemisphere crop looking good overall. The USDA reported US spring wheat only 2% planted against a 13% average, while winter wheat was 6% headed versus 9% normally. Warmer weather is expected to speed planting.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/59641-global-wheat-market-outlook-for-australian-growers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A large northern hemisphere crop outlook tends to cap wheat prices and reduces the appeal of wheat for feed relative to other grains. Delayed US spring planting is a modest upside risk that markets may already be discounting.

## Read by commodity

- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-07-23 | [Positive outlook for feed grain production \| Meat & Livestock Australia](https://feedsoft.ai/events/52067-positive-outlook-for-feed-grain-production-meat-and-livestock-australia.md) | +0.7% | -1.9% |
| WHEAT | 2025-08-07 | [Optimism increasing in Australian wheat market, amid July rains - Fastmarkets](https://feedsoft.ai/events/23264-optimism-increasing-in-australian-wheat-market-amid-july-rains-fastmarkets.md) | -0.8% | +0.5% |
| WHEAT | 2020-10-12 | [Dry WA, ideal SE alter Australian wheat, barley forecasts - Grain Central](https://feedsoft.ai/events/50599-dry-wa-ideal-se-alter-australian-wheat-barley-forecasts-grain-central.md) | +1.2% | -0.3% |
| WHEAT | 2018-10-18 | [Feed weekly outlook: Grains flood Alberta market - Manitoba Co-operator](https://feedsoft.ai/events/62584-feed-weekly-outlook-grains-flood-alberta-market-manitoba-co-operator.md) | +0.3% | -3.9% |
| WHEAT | 2020-03-18 | [Australian wheat crop forecast at 21.4-27.9Mt as seeding starts - Grain Central](https://feedsoft.ai/events/54098-australian-wheat-crop-forecast-at-21-4-27-9mt-as-seeding-starts-grain-central.md) | -5.7% | -1.5% |
| KWHEAT | 2023-01-31 | [Canada Know-Risk Market Outlook \| US HRW Wheat Ratings Improve](https://feedsoft.ai/events/37824-canada-know-risk-market-outlook-us-hrw-wheat-ratings-improve.md) | +0.3% | -6.6% |
| KWHEAT | 2025-04-23 | [Grain market review: Wheat \| World Grain](https://feedsoft.ai/events/25158-grain-market-review-wheat-world-grain.md) | -5.6% | -1.8% |
| KWHEAT | 2025-04-28 | [Global wheat market: Wheat prices fall as weather improves in the northern hemisphere](https://feedsoft.ai/events/25164-global-wheat-market-wheat-prices-fall-as-weather-improves-in-the-northern.md) | -1.8% | +0.1% |

## Sources

- grainbrokers.com.au: https://www.grainbrokers.com.au/wheat-values-being-driven-by-the-supply-side/

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