
South Australia's harvest is finishing with mixed results. Most of the state is wrapping up, while the South East still has weeks to go with some strong yields.
ABARES puts SA's statewide crop at 8.7 million tonnes, up 63% on the poor 2024 harvest.
A recovery in South Australian output adds to the broader Australian supply picture and limits upside for wheat and barley prices.
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.