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ABARES forecasts Australia's agricultural production value to reach a record $101.4 billion in 2025-26 before easing in 2026-27. Crop prices are expected to decline as global prices fall, and gross farm value is forecast to drop six per cent.
Expected lower Australian output and falling global crop prices in 2026-27 point to softer grain export prices over the coming season.
After 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.
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.