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Australia's summer crop output fell 14 per cent to 4.5 million tonnes in 2025-26 after a hot, dry summer and reduced irrigation water. Sorghum is forecast to fall six per cent in 2026-27 and cotton output was down 17 per cent.
Lower Australian sorghum supply reduces export availability for feed grains, supporting sorghum prices, while smaller cotton output tightens cottonseed meal supply.
farmonline.com.auMark PhelpsMar 3, 2026Not 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.
