La Niña Rains Bring Relief to Australian Wheat

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.

• Oct 7, 2020La Niña's Mixed Blessing: For Australia, a 90% Jump in Wheat Production+0.4%
• Oct 23, 2023Rainfall lifts Australia’s wheat harvest by several million tons-2.5%
• Aug 7, 2025Optimism increasing in Australian wheat market, amid July rains - Fastmarkets-0.8%
• Jul 16, 2020Australian farmers prepare to harvest large wheat crop-0.0%
• Apr 9, 2024Australia to increase wheat and barley crops-0.6%