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ABARES's March 2026 Australian Crop Report says growers delivered the second largest winter crop on record despite below-average growing-season rainfall in many southeast cropping regions. Strong yields were supported by timely rain and mild spring temperatures.
A large Australian winter crop adds export supply for wheat and barley, which tends to weigh on global feed grain prices.
agriculture.gov.auMar 3, 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.
