Rabobank forecasts Australia's 2025/26 winter grain crop at 62.8 million tonnes, up 6.4% year on year, driven by wheat and canola yields and a rise in barley area. The bank warns that global grain supply is surging and will keep downward pressure on prices.
A larger Australian harvest intensifies export competition for wheat and barley, reinforcing bearish price expectations in global feed grain 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.