# Here comes the harvest - Mecardo

> 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.

- Date: 2025-10-21 · published 2025-10-21T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/22474-here-comes-the-harvest-mecardo
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Large Australian crop expectations and a stalled US data flow keep wheat prices range-bound, while strong canola prices support oilseed meal values.

## Read by commodity

- WHEAT: neutral
- CANMEAL: bullish ▲

## Sources

- mecardo.com.au: https://mecardo.com.au/here-come-the-harvest/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.