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S&P Global's January roundup says Australian wheat ended January at $257/mt for Premium White and $242/mt for Standard White. Prices followed the Australian dollar and a slow but improving grower selling pace.
The 2024/25 harvest beat yield and quality expectations, and Australian feed wheat is gaining share in Southeast Asia.
Strong Australian feed wheat quality and competitive pricing are capturing Asian feed demand, which supports Australian export prices against other origins.
spglobal.comFeb 7, 2025Not 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.
