# Feed grain price update and winter crop outlook | Meat & Livestock Australia

> Meat & Livestock Australia reports that early-June wheat and barley delivered prices were up roughly 48-62% year on year in Darling Downs and Goulburn Valley. It also summarises ABARES' winter crop outlook, with planted area forecast 4% lower to 21.1 million hectares and dry conditions in eastern regions.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/64491-feed-grain-price-update-and-winter-crop-outlook-meat-and-livestock-australia
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher domestic feed grain prices and a smaller planted area tighten Australian feed barley and wheat supply, supporting prices for feedlot and feed mill buyers. Lower oilseed area keeps meal supply limited.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-20 | [Few bright spots in winter crop outlook \| Meat & Livestock Australia](https://feedsoft.ai/events/58667-few-bright-spots-in-winter-crop-outlook-meat-and-livestock-australia.md) | +7.9% | -3.2% |
| WHEAT | 2024-01-23 | [Australia: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/32078-australia-grain-and-feed-update-usda-foreign-agricultural-service.md) | -0.1% | -5.5% |
| WHEAT | 2022-10-12 | [2022 Grains, oilseeds, and pulses outlook update: Canada’s low stocks and dollar to strengthen crop prices \| FCC](https://feedsoft.ai/events/39098-2022-grains-oilseeds-and-pulses-outlook-update-canada-s-low-stocks-and-dollar.md) | +3.6% | +4.6% |
| WHEAT | 2017-07-03 | [World crop outlook breathes life into wheat prices - Grain Central](https://feedsoft.ai/events/6179-world-crop-outlook-breathes-life-into-wheat-prices-grain-central.md) | -0.1% | +1.9% |
| WHEAT | 2023-12-06 | [Australian winter crops lag from previous year \| World Grain](https://feedsoft.ai/events/32665-australian-winter-crops-lag-from-previous-year-world-grain.md) | -3.5% | +1.1% |

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2018/feed-grain-price-update-and-winter-crop-outlook/

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