# The wait is on for rain | The Land | NSW

> Winter cropping in New South Wales' Central West is waiting on rain before planting for 2018. ABARES expects Australian wheat area roughly unchanged, barley area up 3 per cent and canola area up 8 per cent year on year.

- Date: 2018-04-05 · published 2018-04-05T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/65462-the-wait-is-on-for-rain-the-land-nsw
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Dry seeding conditions raise the risk of lower Australian crop output, which would support export prices, while the shift toward barley and canola changes feed grain supply mix. The effect is limited while rain is still possible.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: neutral
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-09-17 | [ABARES slashes grain production forecasts \| The Land \| NSW](https://feedsoft.ai/events/57047-abares-slashes-grain-production-forecasts-the-land-nsw.md) | +2.4% | +2.8% |
| WHEAT | 2019-06-05 | [Droughts and flooding rains impact market \| The Land \| NSW](https://feedsoft.ai/events/8686-droughts-and-flooding-rains-impact-market-the-land-nsw.md) | +3.5% | -4.0% |
| WHEAT | 2017-03-15 | [Grain markets don’t wait for Fed](https://feedsoft.ai/events/11201-grain-markets-don-t-wait-for-fed.md) | -1.7% | +1.1% |
| WHEAT | 2017-09-12 | [Frosts savage crops in south west NSW \| The Land \| NSW](https://feedsoft.ai/events/68918-frosts-savage-crops-in-south-west-nsw-the-land-nsw.md) | +1.0% | +4.5% |
| WHEAT | 2018-06-19 | [Wheat production forecasts diminishing \| The Land \| NSW](https://feedsoft.ai/events/64495-wheat-production-forecasts-diminishing-the-land-nsw.md) | -0.7% | -3.1% |

## Sources

- theland.com.au: https://www.theland.com.au/story/5326984/grain-wrap-the-wait-is-on-for-rain/

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