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Jun 6, 2025REPORTAustralia

ABARES forecasts a weaker autumn crop harvest in Australia

ABARES's June report forecasts Australian wheat, barley and rapeseed production to decline in the coming harvest. The report is a first forecast for the new season from one of the world's major exporters.

WHY IT MATTERS

Smaller Australian wheat, barley and canola crops reduce export availability and support grain prices.

AFFECTSWheat (SRW)▲Barley▲

SOURCE
tridge.comVictor LangatJun 6, 2025

Price reaction & history

Wheat (SRW)▲bullishSO FAR1d +0.3%5d -1.7%20d -3.7%

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.

Sep 10, 2019ABARES crop report forecasts another poor harvest for Australia's grain growers - ABC News+2.6%
Apr 29, 2025Australia’s grain crops forecast upbeat | World Grain+2.1%
Jun 2, 2025ABARES releases initial forecasts for winter crops - Grain Central+2.9%
Jun 6, 2025ABARES releases initial forecasts for winter crops-1.7%
Apr 25, 2017FAS USDA forecasts sharp decline of the wheat and barley crops in Australia+3.6%

Barley▲bullish

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.

Wheat (SRW) WHEAT · GP ▸

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Barley BARLEY · GP ▸

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