The Australian agriculture department's weekly update reports low rainfall across all cropping regions in the week to 14 May 2025, with 0-5mm in most areas. Dry soils in southern NSW, western Victoria and South Australia threaten timely winter crop germination.
Lack of autumn rain raises risk to Australian winter grain output, a mildly supportive factor for wheat and barley prices in the export market.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% 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.