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Grain Central reviews Australia's 2018 winter crop, with Western Australia near a record and eastern states hit by severe drought. WA estimates were revised up late in the season after strong harvest results.
A contrast between a strong western harvest and a poor east supports regional basis differences and shapes feed grain availability for domestic buyers.
graincentral.comNeil LyonJan 15, 2019After 224 past neutral weather events, WHEAT moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% 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.
