
Australian growers are expected to harvest about 62 million tonnes of winter grain in 2025-26, the third-highest on record and 2% above the previous season. Planted area is estimated at 24.9 million hectares, just short of last year's record, with improved yields expected in Western Australia, South Australia and Victoria.
A large Australian winter crop adds to export supply of wheat and barley, reinforcing bearish pressure on global prices and competing with other origins in Asian markets.
After 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.