# Farmers start to weigh up options | VIC

> Australian growers have sold much of last year's record grain crop and are weighing 2017 planting options. ABARES expects wheat plantings to fall 1% to 12.8 million hectares and barley output to drop to 8.5 million tonnes.

- Date: 2017-03-15 · published 2017-03-15T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/71942-farmers-start-to-weigh-up-options-vic
- 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

Lower expected Australian wheat and barley output in 2017-18 may modestly support export prices, though a shift toward canola and pulses reshapes the feed supply mix.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-06-15 | [USDA harvest predictions spark volatile week for new crop wheat - Farmers Weekly](https://feedsoft.ai/events/64477-usda-harvest-predictions-spark-volatile-week-for-new-crop-wheat-farmers-weekly.md) | -0.3% | -6.8% |
| WHEAT | 2017-01-12 | [U.S. farmers cut winter wheat acres to 108-year low - Manitoba Co-operator](https://feedsoft.ai/events/72943-u-s-farmers-cut-winter-wheat-acres-to-108-year-low-manitoba-co-operator.md) | +0.9% | +5.3% |
| WHEAT | 2018-07-27 | [World grain harvest reduced in latest stats - Farmers Weekly](https://feedsoft.ai/events/64070-world-grain-harvest-reduced-in-latest-stats-farmers-weekly.md) | -1.3% | -1.6% |
| WHEAT | 2023-09-12 | [Wheat prices strengthened by lower global production - Farmers Weekly](https://feedsoft.ai/events/34146-wheat-prices-strengthened-by-lower-global-production-farmers-weekly.md) | +0.9% | -1.2% |
| WHEAT | 2026-06-30 | [Canadian farmers seed record canola acres: StatCan](https://feedsoft.ai/events/18841-canadian-farmers-seed-record-canola-acres-statcan.md) | -0.1% | +4.1% |

## Sources

- stockandland.com.au: https://www.stockandland.com.au/story/4528913/farmers-start-to-weigh-up-options/

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