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The USDA sees Australian barley output reaching a record 17.1 million tonnes in 2026/27, above last season's 16.3 million. Other analysts forecast 15.9 to 16.8 million tonnes, and Victorian and South Australian yields are expected to be strong despite high nitrogen costs.
A record Australian barley crop adds export supply to global feed markets, a mild bearish signal for barley prices.
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.