Drought impacts Australia's farm production

After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.

• Mar 4, 2019Farm production expected to fall due to drought | The National Tribune+0.7%
• Sep 9, 2021Australia may have hit peak farming acreage but production set to keep climbing - ABC News+3.1%
• Jul 30, 2024India’s grain production remains strong | World Grain+4.9%
• Jun 19, 2023Australia’s national wheat production dips while global crops prove ‘significantly’ bigger than expected | Countryman+2.6%
• Oct 22, 2023Mint Primer: Making sense of India’s record food production | Mint-2.5%

Not enough comparable past events yet for a historical read.