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Australian rainfall in the week to 15 October was low across southern cropping regions, while parts of Queensland received up to 50mm. Ongoing dryness in South Australia, Victoria and southern New South Wales raises downside production risk for winter crops in their final yield-determining stages.
Southern Australian yield losses could tighten the export supply of wheat and barley, partly offsetting the otherwise ample global grain supply and supporting prices.
agriculture.gov.auOct 16, 2025After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), 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.
