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The Australian Crop Report for December 2025 from the Department of Agriculture, Fisheries and Forestry says national winter crop production is on track to reach 66.3 million tonnes. That would be the second-largest winter crop on record.
The figure is based on ABARES' December estimates.
A near-record Australian winter crop adds to abundant global wheat supply and pressures export prices. Barley and canola are the crops most exposed to the stronger outlook.
agriculture.gov.auDec 2, 2025After 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.
Not 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.
