Loading…
The Australian dollar rose to its highest since May as traders priced in possible RBA rate hikes after a hotter-than-expected inflation print on Wednesday. Major banks revised their RBA forecasts, with some now expecting one more hike.
Three-year bond yields and the currency both moved higher.
Expectations of higher Australian rates support the Aussie, which can make Australian wheat and barley less competitive in export markets. The effect on feed prices is indirect and small.
abc.net.aubusiness reporters Lin Lin, David TaylorAug 27, 2026Not 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.
