
ABARES projects Australian winter crop production to fall 8% year on year to 55.6Mt in 2025-26, which would still be the sixth-highest on record. Wheat is forecast at 30.6Mt and barley at 12.8Mt, with dry conditions persisting in the southeast.
Lower Australian wheat and barley supplies reduce export availability, which supports global feed grain prices, though the crop remains above average.
After 769 past bullish report events, Wheat (SRW) 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.