# Australian volume needed as Asia seeks extra 20Mt of wheat - Grain Central

> Bunge Asia's grains distribution director told the Australian Grains Industry Conference that Asian wheat import demand will rise by 20 million tonnes over the next two decades. He said buyers are increasingly sourcing from Argentina, Russia and Ukraine, and that Australia must prioritize yield to keep its share.

- Date: 2018-08-02 · published 2018-08-02T12:00:00.000Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/63425-australian-volume-needed-as-asia-seeks-extra-20mt-of-wheat-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Projected growth in Asian wheat import demand supports longer-term wheat prices and favors Black Sea and Argentine origins, though the outlook is a long-run forecast rather than a near-term supply shock.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-12-22 | [2021 Australian Dollar forecasts upgraded as the AUD soars to new highs - S Money](https://feedsoft.ai/events/49900-2021-australian-dollar-forecasts-upgraded-as-the-aud-soars-to-new-highs-s-money.md) | +0.2% | +7.6% |
| WHEAT | 2025-04-09 | [Feedgrain Focus: Weak dollar lifts values - Grain Central](https://feedsoft.ai/events/25180-feedgrain-focus-weak-dollar-lifts-values-grain-central.md) | +1.4% | +5.0% |
| WHEAT | 2022-06-21 | [Korean central banker says a lot has changed in recent weeks](https://feedsoft.ai/events/41194-korean-central-banker-says-a-lot-has-changed-in-recent-weeks.md) | +0.5% | -5.5% |
| WHEAT | 2023-08-07 | [Outlook less certain for upcoming season: Conisbee - Grain Central](https://feedsoft.ai/events/34526-outlook-less-certain-for-upcoming-season-conisbee-grain-central.md) | +0.5% | -6.9% |
| WHEAT | 2025-09-16 | [U.S. grains: Corn, soy, wheat futures rise as dollar sags; crop yields eyed - Grainews](https://feedsoft.ai/events/6851-u-s-grains-corn-soy-wheat-futures-rise-as-dollar-sags-crop-yields-eyed-grainews.md) | +0.3% | +1.5% |
| KWHEAT | 2022-01-24 | [2022 Price Outlook for Hard Red Winter and Soft Red Winter Wheat](https://feedsoft.ai/events/43177-2022-price-outlook-for-hard-red-winter-and-soft-red-winter-wheat.md) | +1.1% | +5.3% |
| KWHEAT | 2018-03-26 | [Goodbye, Kansas Wheat?](https://feedsoft.ai/events/66044-goodbye-kansas-wheat.md) | -2.5% | +0.8% |
| KWHEAT | 2022-06-29 | [WHEAT SCOOPS: $11 wheat, why and how long? – The Seam](https://feedsoft.ai/events/40982-wheat-scoops-11-wheat-why-and-how-long-the-seam.md) | -13.7% | -12.4% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/australian-volume-needed-as-asia-seeks-extra-20mt-of-wheat-agic/

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