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Farmers in the Corowa region reported strong 2021 harvest yields despite delays and downgrades from heavy rain in late 2021. Barley yields reached about 7 tonnes per hectare and canola prices were stronger than the prior year.
Solid Australian yields and quality add to global feed grain supply, which tends to weigh on prices for barley and wheat exported to feed buyers.
corowafreepress.com.auAdrienne HartnettJan 11, 2022Not enough comparable past events yet for a historical read.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), 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.
