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Basis Commodities reports Australian harvest is complete, with NSW and Victoria wheat better than expected. SA and WA wheat and barley came in below initial expectations, and CBH's WA deliveries were down 45%.
Weaker WA and SA receivals tighten the local grain balance, but overall quiet domestic trade keeps the price impact limited.
basiscommodities.comJan 11, 2024Not 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.
