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Rabobank's 2026/27 Australian Winter Crop Forecast estimates winter cropping area at 23.1 million hectares, down 8% year on year. Wheat area is projected at 9.8 million hectares, down 20.4%, with barley, canola and pulses forecast higher.
Western Australia is expected to reach a record 9.47 million hectares.
A smaller Australian wheat area points to tighter export supplies and firmer wheat prices. Higher barley and canola plantings partly offset this for feed and oilseed markets.
arr.newsContributor, ARR.NewsMay 26, 2026After 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.
Not enough comparable past events yet for a historical read.
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.
