# Sorghum crops take hard hit | Stock & Land | VIC

> Dry conditions have hit the Australian sorghum crop, and summer rainfall deficits put the winter crop program at risk through low stored soil moisture. Global wheat prices have eased, with Algeria paying about US$15 a tonne less in its latest tender than in January.

- Date: 2019-02-20 · published 2019-02-20T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/60662-sorghum-crops-take-hard-hit-stock-and-land-vic
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected shortfalls in Australian summer and winter grain supply tend to firm local feed prices, while easing world wheat prices cap the feed-wheat premium.

## Read by commodity

- WHEAT: bearish ▼
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-12-10 | [Sorghum prices plunge as crops flourish in storms  \| Queensland Country Life \| QLD](https://feedsoft.ai/events/32762-sorghum-prices-plunge-as-crops-flourish-in-storms-queensland-country-life-qld.md) | -2.8% | +1.5% |
| WHEAT | 2021-01-11 | [Harvest season strips back records as farmers rushed to finish line \| Stock & Land \| VIC](https://feedsoft.ai/events/49107-harvest-season-strips-back-records-as-farmers-rushed-to-finish-line-stock-and.md) | +1.4% | -4.0% |
| WHEAT | 2021-07-20 | [Record-busting crops are on the cards \| The Land \| NSW](https://feedsoft.ai/events/46018-record-busting-crops-are-on-the-cards-the-land-nsw.md) | -1.2% | +1.7% |
| WHEAT | 2021-02-15 | [Weather issues driving grain markets in Northern Hemisphere \| Stock & Land \| VIC](https://feedsoft.ai/events/48677-weather-issues-driving-grain-markets-in-northern-hemisphere-stock-and-land-vic.md) | +9.4% | +9.0% |
| WHEAT | 2021-07-01 | [Back to back bumper harvests \| The Land \| NSW](https://feedsoft.ai/events/46012-back-to-back-bumper-harvests-the-land-nsw.md) | -2.7% | -4.7% |

## Sources

- stockandland.com.au: https://www.stockandland.com.au/story/5914681/sorghum-crops-take-hard-hit/

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