# Poor rainfall forces crop production forecast downgrade | Launceston, TAS

> ABARES expects its December 2017 winter crop forecast to be lower than September but still around the 10-year average. Rural Bank forecasts Australian crop production 30% below last season and 10% below the five-year average.

- Date: 2017-10-17 · published 2017-10-17T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/68401-poor-rainfall-forces-crop-production-forecast-downgrade-launceston-tas
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Expected lower Australian output reduces export supply for wheat and barley, which supports global feed grain prices.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-08-08 | [Wheat production forecast down: NAB - Grain Central](https://feedsoft.ai/events/69415-wheat-production-forecast-down-nab-grain-central.md) | +0.5% | -0.8% |
| WHEAT | 2017-09-12 | [Forecast decrease for winter crop production: ABARES - Grain Central](https://feedsoft.ai/events/68910-forecast-decrease-for-winter-crop-production-abares-grain-central.md) | +1.0% | +4.5% |
| WHEAT | 2018-04-18 | [SA crop production takes a fall  \| SA](https://feedsoft.ai/events/65463-sa-crop-production-takes-a-fall-sa.md) | +0.1% | -0.9% |
| 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 | 2018-12-04 | [Winter crop production down after poor start to spring: ABARES - Grain Central](https://feedsoft.ai/events/61530-winter-crop-production-down-after-poor-start-to-spring-abares-grain-central.md) | -0.3% | +1.5% |

## Sources

- examiner.com.au: https://www.examiner.com.au/story/4994646/winter-crop-yield-downgrade-expected/

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