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Australian harvest pressure is building with a large expected crop and benign weather, leaving Chicago SRW and ASX wheat in a holding pattern. The US government shutdown has halted the USDA WASDE, and Western canola prices have been above A$800/t in recent weeks.
Large Australian crop expectations and a stalled US data flow keep wheat prices range-bound, while strong canola prices support oilseed meal values.
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.