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Australia's 2024/25 winter crop harvest is 99.9% complete, and larger-than-expected deliveries in Western Australia have lifted national wheat and barley estimates. East coast basis is under pressure and export pace is lagging amid weak demand.
Larger export supplies and weak basis point to softer Australian wheat and barley values, which weighs on feed grain prices in import markets.
basiscommodities.comJan 14, 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.
