# | Country News

> Nutrien meteorologist Matt Reardon expects Australia to see dry weather this spring as a strong El Niño develops, but says conditions will not be as severe as some farmers fear. He points to encouraging signs later in the season.

- Date: 2026-11-01 · published 2026-11-02T06:13:27.550Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/74985-country-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

A more benign outlook for Australian grain areas limits the risk premium on wheat and barley, though dryness through spring still supports some upside.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-10-15 | [Warm weather hastens harvest \| Queensland Country Life \| QLD](https://feedsoft.ai/events/12848-warm-weather-hastens-harvest-queensland-country-life-qld.md) | +1.9% | -0.2% |
| WHEAT | 2017-04-11 | [News from Russia and Ukraine](https://feedsoft.ai/events/71360-news-from-russia-and-ukraine.md) | -0.6% | +1.7% |
| WHEAT | 2019-09-26 | [Feed weekly outlook: Barley's slide slows as harvest drags - Country Guide](https://feedsoft.ai/events/57135-feed-weekly-outlook-barley-s-slide-slows-as-harvest-drags-country-guide.md) | +0.9% | -0.9% |
| WHEAT | 2017-12-17 | [La Niña's effect for Aussie grain markets \| Queensland Country Life \| QLD](https://feedsoft.ai/events/67401-la-nina-s-effect-for-aussie-grain-markets-queensland-country-life-qld.md) | +0.3% | +0.8% |
| WHEAT | 2019-05-29 | [Weather contributes to record-slow corn planting - Brownfield Ag News](https://feedsoft.ai/events/58940-weather-contributes-to-record-slow-corn-planting-brownfield-ag-news.md) | +9.6% | +15.3% |

## Sources

- countrynews.com.au: https://www.countrynews.com.au/news/cautious-optimism-as-el-nino-develops/

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