Loading…
Cargill Australia reports that ABARES' December crop report forecasts one of Australia's largest winter harvests on record. Harvest is advanced in Queensland and northern New South Wales, while Western Australia faces a large crop and Victoria and South Australia have been slowed by cool, wet weather.
Canola prices have eased after reports of record overseas production.
Large Australian and global crops point to continued pressure on wheat and barley prices, with export demand into Asia the main support. Canola's decline reflects overseas supply rather than a change in Australian fundamentals.
cargill.com.auDec 15, 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.
