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Rabobank's 2026/27 Australian Winter Crop Forecast puts total winter crop output at 62.9 million tonnes, down 7.9% on last season but 2.6% above the five-year average. Production is falling in Queensland and New South Wales and rising in South Australia and Victoria.
A large but lower Australian winter crop keeps export supplies ample, which is modestly bearish for feed grains and wheat prices in global markets.
rabobank.com.auMedia Release DateOct 13, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
