# A silver lining on a less than perfect season | The Land | NSW

> The USDA's December WASDE cut Australian wheat production to 17 million tonnes from 17.5 million in November and reduced Australian wheat exports by 1 million tonnes. The report also showed global wheat production falling for the first time in six years, with tight ending stocks.

- Date: 2018-12-13 · published 2018-12-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/61531-a-silver-lining-on-a-less-than-perfect-season-the-land-nsw
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Tight global wheat and barley supplies support prices, making cheaper feed alternatives such as corn and sorghum more competitive for feed buyers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-04-30 | [A glimpse into the new wheat season – a global perspective](https://feedsoft.ai/events/36462-a-glimpse-into-the-new-wheat-season-a-global-perspective.md) | +1.9% | -2.2% |
| WHEAT | 2018-07-17 | [Global wheat crop set to tumble  \| The Land \| NSW](https://feedsoft.ai/events/63985-global-wheat-crop-set-to-tumble-the-land-nsw.md) | +2.9% | +2.4% |
| WHEAT | 2024-09-24 | [How sustainable is wheat price recovery? \| Global Perspective \| The Land \| NSW](https://feedsoft.ai/events/5607-how-sustainable-is-wheat-price-recovery-global-perspective-the-land-nsw.md) | +0.3% | -6.2% |
| WHEAT | 2017-12-12 | [ABARES forecast may be optimistic \| The Land \| NSW](https://feedsoft.ai/events/67435-abares-forecast-may-be-optimistic-the-land-nsw.md) | +1.4% | +2.5% |
| WHEAT | 2017-04-18 | [New Season Wheat Yield In The EU To Grow](https://feedsoft.ai/events/71428-new-season-wheat-yield-in-the-eu-to-grow.md) | +1.0% | -0.1% |

## Sources

- theland.com.au: https://www.theland.com.au/story/5817613/a-silver-lining-on-a-less-than-perfect-season/

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