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Australia's 2025/26 winter crop reached 68.4 million tonnes, up 13% year on year, with wheat at 35.99 Mt and a record barley crop of 16.33 Mt. The article estimates about $13 billion in wheat and barley export earnings.
It warns that the 2026/27 season is looking drier.
Large carryover supplies of wheat and barley add export availability and weigh on prices, though a drier outlook could cut the next crop.
grain.net.auApr 24, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
