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GRDC released its National Variety Trials Harvest Reports for southern Australia, incorporating 2022-23 results. The reports cover yield, disease resistance and grain quality for six regions across South Australia, Victoria and Tasmania.
Growers are using them to pick varieties that perform in both good and poor seasons.
Variety guidance affects future yield potential and crop mix in southern Australia, but the effect on near-term prices is minimal.
groundcover.grdc.com.auGRDCApr 12, 2023After 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.
