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ABARES forecasts the gross value of Australian agricultural production to rise to $86.2 billion in 2024-25 from $82.5 billion in 2023-24. Export value is forecast at $68.5 billion, slightly lower because of reduced carry-over grain stocks.
The figures describe farm income and export value rather than volumes or prices, so the direct effect on feed commodity prices is limited.
agriculture.gov.auSep 2, 2024After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% 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.
