# Dry weather affecting Australian wheat crop | World-grain.com | July 11, 2018 12:26 | World Grain

> A USDA GAIN report forecasts Australia's 2018-19 wheat production at 21 million tonnes, about 12% below the prior estimate, on hot, dry conditions in eastern Australia. Barley output is forecast to rise to 9.5 million tonnes on higher prices and Chinese demand.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/63984-dry-weather-affecting-australian-wheat-crop-world-grain-com-july-11-2018-12-26
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A smaller Australian wheat crop tightens exportable supply and supports feed wheat prices, while competition from Black Sea feed wheat is expected to cap some of the upside.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-02-13 | [Australian wheat production drops 38% \| World-grain.com \| February 13, 2018 15:18 \| World Grain](https://feedsoft.ai/events/66464-australian-wheat-production-drops-38-world-grain-com-february-13-2018-15-18.md) | -0.7% | +1.7% |
| WHEAT | 2017-07-21 | [Poor seasonal conditions drop Australian wheat production \| World-grain.com \| July 21, 2017 15:25 \| World Grain](https://feedsoft.ai/events/69908-poor-seasonal-conditions-drop-australian-wheat-production-world-grain-com-july.md) | -2.7% | -0.3% |
| WHEAT | 2017-12-04 | [Australian grain crops forecast lower in 2017-18 \| World-grain.com \| December 04, 2017 14:05 \| World Grain](https://feedsoft.ai/events/67430-australian-grain-crops-forecast-lower-in-2017-18-world-grain-com-december-04.md) | +2.7% | +0.6% |
| WHEAT | 2019-09-10 | [Australian crop condition deteriorates \| 2019-09-10  \| World Grain](https://feedsoft.ai/events/57046-australian-crop-condition-deteriorates-2019-09-10-world-grain.md) | +2.6% | +1.0% |
| WHEAT | 2026-06-02 | [Australia’s 2026-27 winter crop seen slipping \| World Grain](https://feedsoft.ai/events/18773-australia-s-2026-27-winter-crop-seen-slipping-world-grain.md) | -0.6% | +1.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/10657-dry-weather-affecting-australian-wheat-crop

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