Australia's wheat crop threatened as La Nina climate indicator rises: analysts

After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.

• Apr 18, 2017Australia’s wheat crop expected to fall+1.0%
• Apr 2, 2025Analysts forecast a decrease in wheat production in Australia in the new season-0.8%
• Feb 19, 2019Australian wheat crop falls to an 11-year low | SA-3.8%
• Feb 23, 2023El Niño expected to bring “normal” wheat crop in Australia - Fastmarkets-3.0%
• Aug 1, 2018South Australia predicts reduced wheat crop of 3.95Mt - Grain Central+3.6%

After 322 past bullish weather events, Wheat (HRW) moved a median -0.1% over 5 sessions (49% higher; middle half -2.5% to +3.2%), and +1.0% over 20.

• Apr 29, 2024The Latest News About the U.S. Wheat Crop+2.1%
• Mar 13, 2018Drought threat intensifies for U.S. Plains winter wheat crop-7.6%
• Jul 28, 2022Dryness-tested Western Australia wheat crop in 'precarious position' - Grain Price News-3.0%
• Nov 29, 2021Wheat Markets Find New Legs in Australia - Alberta Grains-5.0%
• Dec 13, 2018Global Production Continues to Decrease Due to Weather Problems in Australia and Russia - U.S. Wheat Associates+5.1%