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Australian rainfall in the week ending 14 October was 5 to 50mm across Queensland and northern New South Wales cropping areas. Forecast rain of 25 to 150mm in Queensland and 15 to 100mm in northern New South Wales is expected to boost soil moisture ahead of summer cropping.
Improved moisture for summer crops supports sorghum and rice output prospects, a modest bearish factor for those feed grains.
agriculture.gov.auOct 15, 2026Not enough comparable past events yet for a historical read.
After 27 past bearish weather events, Rough Rice moved a median -1.6% over 5 sessions (37% higher; middle half -3.4% to +1.1%), and -1.3% over 20.
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.
