# Feed grain price outlook

> Demand for feed grain has pushed Australian domestic prices toward four-year highs, with Darling Downs feed wheat up $62/t to $397/t since April. MLA cites dry US and European conditions and a US wheat crop forecast down 6% to the smallest since 2002.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/65092-feed-grain-price-outlook
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Lower global wheat output and dry Australian conditions tighten feed grain supply, supporting higher feed costs for feedlots and livestock producers.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.0% | -8.3% |
| WHEAT | 2021-07-23 | [Feed weekly outlook: Bids rising in Saskatchewan - Grainews](https://feedsoft.ai/events/12495-feed-weekly-outlook-bids-rising-in-saskatchewan-grainews.md) | -0.4% | +1.0% |
| WHEAT | 2021-06-25 | [Feed weekly outlook: New-crop prices to rise \| Farmtario](https://feedsoft.ai/events/46655-feed-weekly-outlook-new-crop-prices-to-rise-farmtario.md) | -0.2% | -3.8% |
| WHEAT | 2017-06-15 | [Feed grain update: Prices rally in June - Grain Central](https://feedsoft.ai/events/70605-feed-grain-update-prices-rally-in-june-grain-central.md) | +0.4% | +0.4% |
| WHEAT | 2019-06-12 | [Outlook points to next northern feedgrain deficit - Grain Central](https://feedsoft.ai/events/58548-outlook-points-to-next-northern-feedgrain-deficit-grain-central.md) | -5.3% | -8.6% |
| LCATTLE | 2019-03-02 | [Fed cattle prices climb](https://feedsoft.ai/events/60221-fed-cattle-prices-climb.md) | +0.8% | -0.5% |
| LCATTLE | 2025-02-06 | [CattleFax Forecasts Continued Strong Demand and High Price Outlook for Cattle Producers](https://feedsoft.ai/events/26180-cattlefax-forecasts-continued-strong-demand-and-high-price-outlook-for-cattle.md) | -1.7% | -4.6% |
| LCATTLE | 2018-02-12 | [Drought relief expected to help grain and cattle outlook - High Plains Journal](https://feedsoft.ai/events/66423-drought-relief-expected-to-help-grain-and-cattle-outlook-high-plains-journal.md) | +1.5% | -1.0% |

## Sources

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

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