# Basis Commodities – Australian Crop Update – Week 40 2022

> Basis Commodities published its week 40 Australian crop update with replacement FOB estimates for main wheat grades, barley and canola across port zones. The note says buyers are becoming more nervous and zonal pricing structures have shifted, with a large crop year ahead for wheat, barley, canola, oats, pulses and other grains.

- Date: 2022-10-04 · published 2022-10-04T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/39068-basis-commodities-australian-crop-update-week-40-2022
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

With a large Australian crop expected, export logistics and elevation margins drive which grain reaches port, shaping FOB wheat and barley spreads for Asian buyers.

## Read by commodity

- WHEAT: neutral
- BARLEY: neutral
- CANMEAL: neutral

## Sources

- basiscommodities.com: https://www.basiscommodities.com/basis-commodities-australian-crop-update-week-40-2022

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