# Australian Crop Update – Week 2, 2024

> 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%.

- Date: 2024-01-11 · published 2024-01-11T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/32097-australian-crop-update-week-2-2024
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker WA and SA receivals tighten the local grain balance, but overall quiet domestic trade keeps the price impact limited.

## Read by commodity

- WHEAT: neutral

## Sources

- basiscommodities.com: https://www.basiscommodities.com/australian-crop-update-week-2-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.