
ABARES' September 2025 Australian Crop Report raised the national winter crop forecast 2% year on year to 62Mt, the third-largest on record. The report revised production up 12% from June, with wheat forecast to fall 1% to 33.8Mt and barley rising 10% to 14.6Mt.
Canola is forecast at 6.4Mt, with improvements in WA, SA and Victoria.
Higher barley and canola output increases Australian export availability, which weighs on global feed-grain and meal prices. The slight wheat decline offers limited support.
Not enough comparable past events yet for a historical read.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.