Loading…
Soaking rains fell across most of Australia's cropping regions in late July, with the heaviest falls of 30 to 45 millimetres in the driest parts of South Australia and Victoria. New crop wheat bids fell by $10 to $15 a tonne as farmers sold ahead of the rain, leaving NSW bids at $330 to $335 a tonne port.
Improved yield prospects and heavier farmer selling pressure Australian wheat, barley and sorghum prices, making Australian grain more competitive against US and Canadian origins in export markets.
theland.com.auLloyd George, Ag ScientiaJul 31, 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.
