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Grain Industry Association of WA forecasts the state's winter crop at 18.6 million tonnes, up 855,000 tonnes from October, making it the third-largest on record. Rain is slowing harvest in most areas and may affect grain quality.
A large WA crop increases Australian export supply, while rain-related quality risks could limit malting and feed-quality premiums.
ukragroconsult.comNov 25, 2024After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
Not 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.
