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Final figures show Australia's 2024-25 winter grain harvest reached 59.8 million tonnes, up 26% from the prior season and the third-largest on record. Only Victoria and South Australia saw declines, and the gross value of agricultural production is estimated at $92 billion.
Growers have sizeable surplus volumes available for export.
A large completed crop adds exportable wheat and barley supply in the coming marketing year, which is bearish for prices. Much of this harvest is already known to the market, so the impact is modest.
afdj.com.auApr 4, 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.
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.
