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Victorian north-west growers finished a mixed 2024 harvest affected by low rainfall, hail and frost, with a slightly below-average result. Wheat yields ranged from 0.9 to 5 t/ha, barley yields were highly variable, and lentils were weaker.
Below-average yields in parts of Victoria trim local barley supply, a small offset to the broader Australian supply picture for feed buyers.
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.