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Australia's 2025-26 winter crop harvest is about 98% complete, with roughly 65 million tonnes already in storage. Barley output is estimated near 16 million tonnes, a record that exceeds the previous high of 13.7 million tonnes.
About 7 million tonnes of feed barley and 4 million tonnes of malting barley are expected to be available for export.
A record exportable barley surplus from Australia adds competition for feed barley buyers and tends to push prices lower.
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.