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CBH Group in Western Australia and Viterra in South Australia have begun publishing monthly public reports of wheat and barley stocks on hand until October. The move follows COVID-19 concerns about domestic grain supply, and the data does not distinguish committed from uncommitted stock.
Greater stock transparency reduces panic buying risk in Australian grain markets, so it is a minor influence on export prices.
graincentral.comLiz WellsApr 1, 2020After 2,447 past report events, WHEAT 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.
