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A USDA FAS report projects Australia's 2025/26 wheat crop at 31.0 million tonnes and barley at 13.0 million tonnes, after heavy early-July rain improved crop prospects. Wheat exports are forecast to rise to 25 million tonnes on higher carryover stocks, while barley exports fall to 6.5 million tonnes.
Higher Australian wheat export availability adds supply to world markets and is mildly bearish for wheat prices, while lower barley exports tighten that feed grain supply.
ukragroconsult.comJul 28, 2025After 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.
