Australian harvest puts pressure on wheat prices

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.

• Jul 16, 2020Australian farmers prepare to harvest large wheat crop-0.0%
• Nov 2, 2020Just when Australia needs it, wheat farmers start bumper harvest-1.8%
• May 25, 2021Favourable Australian weather spells second bumper wheat harvest | Financial Post-2.5%
• Dec 3, 2020Australia to Harvest Second Biggest Wheat Crop on Record | Feed & Grain+9.8%
• Nov 25, 2024Australia: WA harvest surprises with potential seen for 18.6Mt-0.0%

After 70 past bearish weather events, Wheat (HRW) moved a median -0.6% over 5 sessions (41% higher; middle half -3.9% to +2.5%), and -1.1% over 20.

• Aug 23, 2024Wheat prices in Ukraine fall under pressure from falling world prices+3.1%
• Mar 25, 2025Wheat prices fall amid increased rainfall in the US, Ukraine and Russia, which increases pressure on prices in Ukraine-3.6%
• Mar 22, 2017Good weather increases pressure on the wheat exchange-3.3%
• May 17, 2024Forecasts of a good wheat harvest in the US and the EU continue to lower stock prices+5.6%
• Apr 23, 2019Global Wheat Market Outlook For Australian Growers-5.3%

Not enough comparable past events yet for a historical read.