
ABARES' September forecast puts Australia's 2026-27 winter crop at 61 million tonnes, 12% below last season but the fourth largest on record. Barley is forecast at 16.4 million tonnes and canola at 7.27 million tonnes, with South Australia strong and New South Wales and Queensland down sharply.
A large Australian crop with strong barley and canola output keeps export feed supplies comfortable, a mild bearish factor for barley and canola meal.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 406 past neutral report events, WHEAT moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.