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Warm weather triggered harvest across southern Queensland, with barley yields of 1.5-2.5 tonnes per hectare reported near Goondiwindi. Northern New South Wales barley harvest has also started.
The Bureau of Meteorology expects above-average tropical cyclone activity due to La Nina.
An early harvest adds local supply, but La Nina rain could affect quality and timing. Buyers should watch for cyclone-driven disruption to harvest and logistics.
queenslandcountrylife.com.auLloyd GeorgeOct 15, 2020After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
