◂ Event Timeline

Sep 8, 2026REPORTAustralia

A good bump in winter crop production

Good winter rainfall in Victoria and South Australia lifted ABARES's wheat yield forecast 11.7% to 29.8 million tonnes. Barley production is up 16% from June and could become the second largest on record, while canola plantings rose 8%.

WHY IT MATTERS

Larger barley and canola supplies from Australia add to global availability and cap prices for these feed and oilseed products.

AFFECTSWHEAT▼BARLEY▼CANMEAL▼

SOURCE
mecardo.com.auAngus BrownSep 8, 2026

Price reaction & history

WHEAT▼bearishSO FAR1d -0.5%5d -0.6%20d -1.2%

After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

Jul 2, 2020Winter crop production to jump 53 per cent-6.3%
Jun 10, 2020Winter crop production forecast to jump 53pc: ABARES - Grain Central-1.1%
Dec 7, 2016Winter crop production to hit record high: ABARES+1.1%
Dec 7, 2022ABARES crop report forecasts record production - Mecardo+10.0%
Sep 1, 2026Australia’s winter crop production revised up | World Grain+1.0%

BARLEY▼bearish

Not enough comparable past events yet for a historical read.

CANMEAL▼bearish

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.

WHEAT · GP ▸

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BARLEY · GP ▸

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