# Farm production expected to fall due to drought | The National Tribune

> ABARES' Agricultural Commodities report puts 2018-19 farm production at $58 billion, down 4%, with grain prices up 11% and wheat up 5% and barley up 16%. Production is forecast to recover 2% in 2019-20 if seasons normalise.

- Date: 2019-03-04 · published 2019-03-04T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60045-farm-production-expected-to-fall-due-to-drought-the-national-tribune
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Higher domestic grain prices in 2018-19 reflect tight supply after drought, and a recovery in 2019-20 output would ease those values.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-03-06 | [Drought impacts Australia's farm production](https://feedsoft.ai/events/60046-drought-impacts-australia-and-39-s-farm-production.md) | -0.3% | -2.1% |
| WHEAT | 2026-09-02 | [National winter crop production forecast to fall, still the fourth-largest on record. - ABC listen](https://feedsoft.ai/events/17452-national-winter-crop-production-forecast-to-fall-still-the-fourth-largest-on.md) | +0.7% | +2.9% |
| WHEAT | 2024-10-23 | [Northern crop pushes national production above last year \| Farm Online \| ACT](https://feedsoft.ai/events/27830-northern-crop-pushes-national-production-above-last-year-farm-online-act.md) | +0.3% | -1.4% |
| WHEAT | 2023-06-19 | [Australia’s national wheat production dips while global crops prove ‘significantly’ bigger than expected  \| Countryman](https://feedsoft.ai/events/35435-australia-s-national-wheat-production-dips-while-global-crops-prove.md) | +2.6% | +0.5% |
| WHEAT | 2022-01-01 | [Farm production tipped to break record $78b this financial year](https://feedsoft.ai/events/43535-farm-production-tipped-to-break-record-78b-this-financial-year.md) | -0.4% | +9.4% |

## Sources

- nationaltribune.com.au: https://www.nationaltribune.com.au/farm-production-expected-to-fall-due-to-drought/

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