
ABARES forecasts Australia's 2025-26 winter crop at 62 million tonnes, up 2% year on year and 12% above the June forecast. Wheat is seen slipping 1% to 33.8Mt, still the fourth-largest on record, while barley is projected to rise 10% to 14.6Mt, the second-largest ever.
Canola is forecast at 6.4Mt.
A record-scale barley crop and larger canola supply from the top barley exporter add to global feed supply, pressuring prices and competing with corn and wheat in feed rations.
Not enough comparable past events yet for a historical read.
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.
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.