Loading…
Australia's agriculture minister opened the 2023 ABARES Outlook conference, emphasizing the importance of agricultural trade amid global uncertainty and inflationary pressures. The speech also touched on an upcoming referendum and general policy commitments.
The speech is general policy commentary with no new supply, demand or price driver for feed commodities.
minister.industry.gov.auMar 8, 2023After 1,019 past policy events, Wheat (SRW) moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.5%), 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.
