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ABARES made minor changes to Australia's chickpea, faba bean, field pea and lentil estimates but cut its lupin forecast 13% to 1.05 million tonnes. The total for the five major pulses fell slightly to 5.45 million tonnes.
Lower pulse and lupin supplies have only a small effect on feed grain prices, as the total pulse change is minor.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
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.