# Drought lowers Australian grain forecast | 2018-09-11  | World Grain

> ABARES expects Australia's total winter crop to fall 12% to 33.2 million tonnes because of drought in New South Wales and Queensland. Wheat is forecast down 10% to 19.1 million tonnes, barley down 7% to 8.3 million tonnes, and canola down 24% to 2.8 million tonnes.

- Date: 2018-09-11 · published 2018-09-11T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/62987-drought-lowers-australian-grain-forecast-2018-09-11-world-grain
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Lower Australian wheat, barley and canola output reduces exportable feed grain and oilseed meal supply, supporting world prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2018-10-10 | [Eastern drought pushes Australian winter crop forecast lower - Grain Central](https://feedsoft.ai/events/62503-eastern-drought-pushes-australian-winter-crop-forecast-lower-grain-central.md) | +8.2% | +4.5% |
| 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 | 2019-11-21 | [Drought Forces Lowest Australian Grain Harvest in More than Ten Years - The Lucas Group](https://feedsoft.ai/events/56013-drought-forces-lowest-australian-grain-harvest-in-more-than-ten-years-the-lucas.md) | +0.7% | -0.9% |
| WHEAT | 2018-10-04 | [Drought filled summer strains E.U. cereal harvest \| 2018-10-04  \| World Grain](https://feedsoft.ai/events/62477-drought-filled-summer-strains-e-u-cereal-harvest-2018-10-04-world-grain.md) | -2.7% | +5.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10957-drought-lowers-australian-grain-forecast

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