# Record Australian grain exports flood market, but Black Sea challenge ahead

> Australian wheat, canola and barley exports for the first five months of 2017 were over 60 percent above normal, at 17.2 million tonnes. Industry sources expect only 5-6 million tonnes of wheat to remain by the end of the marketing year in September.

- Date: 2017-05-26 · published 2017-05-26T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/70952-record-australian-grain-exports-flood-market-but-black-sea-challenge-ahead
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Heavy export pace drains Australian old-crop supplies and supports wheat and barley prices into the new season, while a large crop limits how far prices can rise.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-02-13 | [Further decline in Black Sea wheat exports: Grain market daily \| AHDB](https://feedsoft.ai/events/14227-further-decline-in-black-sea-wheat-exports-grain-market-daily-ahdb.md) | +1.9% | -3.0% |
| WHEAT | 2017-03-09 | [Australian grain exports surge \| Queensland Country Life \| QLD](https://feedsoft.ai/events/71947-australian-grain-exports-surge-queensland-country-life-qld.md) | +0.7% | +0.6% |
| WHEAT | 2026-02-27 | [US grain exports reach near-record levels despite transportation challenges \| Feed & Grain](https://feedsoft.ai/events/16384-us-grain-exports-reach-near-record-levels-despite-transportation-challenges.md) | +1.0% | +1.4% |
| WHEAT | 2020-07-31 | [Ukraine's grain exports down 33pc in July - Markets - Business Recorder](https://feedsoft.ai/events/51988-ukraine-s-grain-exports-down-33pc-in-july-markets-business-recorder.md) | -1.7% | +0.9% |
| WHEAT | 2017-05-17 | [China the hero market for Australian barley and wheat - Grain Central](https://feedsoft.ai/events/71077-china-the-hero-market-for-australian-barley-and-wheat-grain-central.md) | +3.0% | +2.1% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/currencies/record-australian-grain-exports-flood-market-but-black-sea-challenge-ahead-idUSKBN18M0WX/

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