Loading…
Wheat prices in Australia weakened as the CBOT SRW market slid toward 12-month lows and the stronger Australian dollar reduced export competitiveness. Dry weather on the East Coast kept port prices firm, while WA prices fell in line with SRW.
Barley held its ground in the domestic market.
A stronger Australian dollar and lower CBOT values push Australian wheat and barley export prices down, adding competition for feed grain buyers in Asia.
mecardo.com.auAngus BrownApr 29, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 69 past bearish macro events, Wheat (SRW) moved a median -0.5% over 5 sessions (35% higher; middle half -2.6% to +0.8%), and -0.7% over 20.
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.
