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ABARES's first 2025-26 Australian Crop Report forecasts wheat output at 30.6Mt, barley at 12.8Mt and canola at 5.7Mt. Winter crop plantings are forecast to decline marginally to 24.9Mha, though still the second-highest on record.
A forecast 10% drop in Australian wheat output, from a major exporter, tightens export supplies and supports wheat and barley prices if the crop is realised.
graincentral.comJun 2, 2025After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
