Loading…
Australia's 2024-25 winter crop reached 59.8 million tonnes after ABARES added 4.1 million tonnes in its final estimate, the third largest on record. Production rose 26% year on year and sits 27% above the ten-year average.
Strong results in New South Wales and Queensland offset weak seasons in South Australia and Victoria.
A large final crop increases Australian export availability for wheat and barley, adding bearish pressure on world prices. Feed buyers may find more supply and lower offers in the coming months.
farmonline.com.auGregor HeardMar 3, 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.
