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Rain across the Australian grainbelt in July and August has prompted upward revisions to major crop estimates ahead of ABARES' quarterly Australian Crop Report. Western Australia may see the biggest yield improvement, Queensland is heading for another bumper crop, and South Australia and Victoria are on track for average yields.
Larger Australian wheat, barley and canola crops add to global feed grain supply at a time of already weak prices, which is bearish for feed grain and barley values.
graincentral.comLiz WellsAug 27, 2025After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% 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.
