ABARES forecasts the value of Australian agricultural production to fall 5% to $99.4 billion in 2026-27, with exports down 5% to $76.3 billion. Winter crop output is expected to drop 12% to 61Mt, still the fourth largest on record, while summer crops fall 25%.
Lower Australian crop and livestock output in 2026-27 tightens export availability modestly, but the forecast is a value outlook with limited direct price impact on feed grains.
After 2,447 past report events, WHEAT 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.