# Beneath the soil

> ABARES forecasts Australian agricultural production value to fall 5% to A$99.4 billion in 2026–27, with exports also down 5% to A$76.3 billion. Average broadacre farm profit is forecast to drop 39%, reflecting lower production in some regions, softer livestock prices and high operating costs.

- Date: 2026-11-10 · published 2026-11-11T00:21:50.460Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/92555-beneath-the-soil
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower output and exports could tighten Australian agricultural supply, while weaker livestock prices and costly inputs pressure producers. The article does not identify a specific feed commodity or price direction.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2022-05-13 | [Weather watch begins](https://feedsoft.ai/events/13362-weather-watch-begins.md) | +4.4% | -0.4% |
| WHEAT | 2023-08-25 | [After the Bell \| August 25, 2023](https://feedsoft.ai/events/34623-after-the-bell-august-25-2023.md) | -4.8% | -2.3% |
| WHEAT | 2021-10-12 | [The Corn Yields in Better Soils Are Surprisingly Good, Analyst Says](https://feedsoft.ai/events/44384-the-corn-yields-in-better-soils-are-surprisingly-good-analyst-says.md) | +0.7% | +8.0% |
| WHEAT | 2017-01-13 | [Does the soybean rally have legs?](https://feedsoft.ai/events/72941-does-the-soybean-rally-have-legs.md) | +0.2% | +5.4% |
| WHEAT | 2018-01-18 | [More bad news for the wheat market](https://feedsoft.ai/events/67024-more-bad-news-for-the-wheat-market.md) | +2.9% | +5.9% |

## Sources

- financialstandard.com.au: https://www.financialstandard.com.au/news/feature-agriculture-beneath-the-soil-179814519

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