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Rabobank estimates a record 24.5 million hectares of Australian winter crops for 2025-26, up 0.8% on last season. The increase is driven by good soil moisture in northern NSW and Queensland, though South Australia remains in drought.
Expanded planting raises future Australian grain supply, which is mildly bearish for wheat, barley and canola prices unless weather turns poor.
afdj.com.auMay 18, 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.
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.
