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Independent analysts Australian Crop Forecasters, Lachstock Consulting and IKON Commodities all have wheat estimates above ABARES' 32.6 Mt September figure ahead of its December revision. Harvest was about 30% complete, with rain delaying progress in several states.
Analysts expect lower protein content than average.
Estimates above the official figure point to a larger Australian wheat supply, which is mildly bearish. Lower protein could support prices for high-protein wheat.
graincentral.comLiz Wells26 nov 2021Tras 406 eventos neutral de informe pasados, Trigo (SRW) se movió una mediana de -0,2 % en 5 sesiones (47% al alza; mitad central entre -1,6 % y +1,5 %), y +0,0 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
