# Wheat/barley price prospects on the rise; oilseeds to fall: ABARES - Grain Central

> ABARES' June quarter report forecasts world wheat prices to rise in 2018-19 on lower production in major exporters, especially Russia, and expects world coarse grain prices to increase. Australian oilseed and sugar prices are expected to fall, with downward pressure from global oilseed output growth and uncertainty over Chinese tariffs on US imports.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: report · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/64497-wheat-barley-price-prospects-on-the-rise-oilseeds-to-fall-abares-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Higher wheat and coarse grain price forecasts raise feed costs, while lower oilseed price expectations point to cheaper soybean and canola meal inputs for feed mills.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-10-03 | [World crop upgrade fails to dampen global barley/wheat price rise - Grain Central](https://feedsoft.ai/events/10969-world-crop-upgrade-fails-to-dampen-global-barley-wheat-price-rise-grain-central.md) | +4.7% | +0.4% |
| WHEAT | 2020-02-17 | [ABARES cuts wheat to 15.2Mt, lifts barley to 8.9Mt - Grain Central](https://feedsoft.ai/events/54568-abares-cuts-wheat-to-15-2mt-lifts-barley-to-8-9mt-grain-central.md) | +5.0% | +9.6% |
| WHEAT | 2019-03-04 | [Upside to cereal prices; oilseeds hold steady: ABARES - Grain Central](https://feedsoft.ai/events/60033-upside-to-cereal-prices-oilseeds-hold-steady-abares-grain-central.md) | +0.7% | +5.2% |
| WHEAT | 2018-06-12 | [Dry puts the squeeze on national winter crop prospects: ABARES - Grain Central](https://feedsoft.ai/events/64492-dry-puts-the-squeeze-on-national-winter-crop-prospects-abares-grain-central.md) | -0.9% | -6.9% |
| WHEAT | 2026-06-01 | [ABARES forecasts hefty drops for wheat, barley, canola - Grain Central](https://feedsoft.ai/events/18770-abares-forecasts-hefty-drops-for-wheat-barley-canola-grain-central.md) | -2.6% | -0.3% |
| CORN | 2019-11-08 | [Grains, oilseed prices firmed: FAO-AMIS - Grain Central](https://feedsoft.ai/events/56101-grains-oilseed-prices-firmed-fao-amis-grain-central.md) | +0.0% | -0.3% |
| CORN | 2020-11-03 | [Grains, oilseeds prices six-year high: IGC - Grain Central](https://feedsoft.ai/events/50192-grains-oilseeds-prices-six-year-high-igc-grain-central.md) | +0.0% | +8.8% |
| CORN | 2018-04-13 | [Current season wheat stock rises, coarse grains stocks fall: USDA - Grain Central](https://feedsoft.ai/events/65484-current-season-wheat-stock-rises-coarse-grains-stocks-fall-usda-grain-central.md) | -0.4% | +3.0% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/wheat-barley-price-prospects-on-the-rise-oilseeds-to-fall-abares/

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