# What does ABARES' crystal ball see ahead for grain prices? - Grain Central

> ABARES projects world wheat prices to stay low in the short to medium term due to abundant supplies. It forecasts the 2017-18 world coarse grain indicator price (US No. 2 yellow corn, fob Gulf) at US$157 a tonne, unchanged from 2016-17.

- Date: 2017-03-07 · published 2017-03-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/71944-what-does-abares-crystal-ball-see-ahead-for-grain-prices-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Persistently low forecast prices and abundant stocks point to continued pressure on feed grain values for buyers.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-12-01 | [ABARES lifts forecasts for canola, wheat, barley - Grain Central](https://feedsoft.ai/events/21468-abares-lifts-forecasts-for-canola-wheat-barley-grain-central.md) | +1.9% | +0.7% |
| WHEAT | 2025-03-03 | [ABARES lifts forecasts for wheat, barley, canola - Grain Central](https://feedsoft.ai/events/25537-abares-lifts-forecasts-for-wheat-barley-canola-grain-central.md) | -3.4% | +0.5% |
| WHEAT | 2022-02-28 | [ABARES lifts forecasts for all major crops - Grain Central](https://feedsoft.ai/events/42659-abares-lifts-forecasts-for-all-major-crops-grain-central.md) | +12.1% | +26.0% |
| WHEAT | 2022-12-05 | [ABARES forecasts record wheat, canola crops - Grain Central](https://feedsoft.ai/events/38213-abares-forecasts-record-wheat-canola-crops-grain-central.md) | -9.5% | -0.8% |
| WHEAT | 2026-03-02 | [ABARES confirms record for barley; canola, wheat lift - Grain Central](https://feedsoft.ai/events/20124-abares-confirms-record-for-barley-canola-wheat-lift-grain-central.md) | +1.6% | +0.1% |
| CORN | 2021-02-10 | [WASDE bearish for corn, mildly bullish for wheat - Grain Central](https://feedsoft.ai/events/48592-wasde-bearish-for-corn-mildly-bullish-for-wheat-grain-central.md) | -3.0% | +2.1% |
| CORN | 2018-08-28 | [Sell the rumour, buy the fact - Grain Central](https://feedsoft.ai/events/63611-sell-the-rumour-buy-the-fact-grain-central.md) | +0.8% | +2.6% |
| CORN | 2026-10-28 | [Strong production seen for Argentina corn, wheat \| World Grain](https://feedsoft.ai/events/125-strong-production-seen-for-argentina-corn-wheat-world-grain.md) | -0.5% | — |

## Sources

- graincentral.com: https://www.graincentral.com/markets/what-does-abares-crystal-ball-see-ahead-for-grain-prices/

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