
ABARES expects Australian agricultural production to be worth about $99.4 billion in 2026-27, down from a record $104.6 billion. Farm profits are forecast to fall 39% because of lower revenues and higher fuel, fertiliser and freight costs linked to Middle East tensions.
Export grain values are expected to rise 4%.
Higher input costs and a smaller export volume support grain export values, but the profit squeeze mainly affects farm finances rather than near-term feed prices.
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.