Loading…
Rabobank's 2026-27 winter crop forecast puts Australian winter cropping area at 23.1 million hectares, down 8% year on year. Wheat area is forecast to fall 20.4% to 9.8 million hectares, with barley, canola and pulses rising.
Rabobank expects Australian wheat output of about 21.3 million tonnes, down 41% from the last crop.
A sharp fall in Australian wheat output tightens export supply and supports wheat prices. Higher barley and canola area could add feed and oilseed supply later.
newscop.com.auAndrew KacimaiwaiMay 29, 2026newscop.com.auAndrew KacimaiwaiMay 29, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
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.
