Loading…
ABARES forecasts Australia's farm, fisheries and forestry gross value of production to rise up to 6% in 2024-25 to $90.8 billion. Crop and livestock output are both expected to increase, while agricultural exports are forecast to fall 13% in 2023-24.
A forecast production rebound in Australia points to larger future grain and livestock supplies, which would weigh on export prices. The export decline suggests weaker overseas demand for Australian products.
agriculture.gov.auMar 4, 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.
