# IBISWorld predicts fall in grain revenues - Grain Central

> IBISWorld forecasts Australian grain industry revenues will fall 5.5% in 2016-17 to $13.3 billion. It expects local barley and wheat prices to drop 25.8% and 15.6%, tracking lower world prices and record global stocks.

- Date: 2017-01-18 · published 2017-01-18T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/72952-ibisworld-predicts-fall-in-grain-revenues-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Oats](https://feedsoft.ai/c/OATS.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Record world grain stocks and larger Australian crops point to sustained downward pressure on feed grain prices, lowering the cost of feed ingredients for buyers.

## Read by commodity

- OATS: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-06 | [FAO Cereal Price Index falls by 3.5% \| World Grain](https://feedsoft.ai/events/18411-fao-cereal-price-index-falls-by-3-5-world-grain.md) | -0.3% | +1.4% |
| WHEAT | 2019-03-08 | [World wheat crop set for rebound: AMIS - Grain Central](https://feedsoft.ai/events/60025-world-wheat-crop-set-for-rebound-amis-grain-central.md) | +0.7% | -1.0% |
| WHEAT | 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) | +6.2% | -0.7% |
| WHEAT | 2022-12-06 | [Production rebound in Canada sees exports bounce - Grain Central](https://feedsoft.ai/events/38194-production-rebound-in-canada-sees-exports-bounce-grain-central.md) | +9.9% | +9.2% |
| 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% |
| OATS | 2026-02-13 | [GIWA estimate for record crop settles on 27.35Mt - Grain Central](https://feedsoft.ai/events/20556-giwa-estimate-for-record-crop-settles-on-27-35mt-grain-central.md) | +6.8% | +17.6% |
| OATS | 2019-07-30 | [Milling oats an option for paddocks with crown rot - Grain Central](https://feedsoft.ai/events/58138-milling-oats-an-option-for-paddocks-with-crown-rot-grain-central.md) | +2.7% | +1.6% |
| OATS | 2020-12-03 | [Second largest harvest on record sees grain prices fall \| Meat & Livestock Australia](https://feedsoft.ai/events/49629-second-largest-harvest-on-record-sees-grain-prices-fall-meat-and-livestock.md) | +13.6% | +22.5% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/ibisworld-predicts-fall-in-grain-revenues/

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