South Australian growers in the Mid North are estimating harvest yields, with wheat possibly reaching 3.5-4.5 t/ha and barley around 4-5 t/ha. The family's barley target is about 4 t/ha, though final results depend on how crops finish.
Grain prices are reported to be falling.
Expected yields near normal levels suggest adequate local supply, which together with lower grain prices points to softer feed grain costs for buyers.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% 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.