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Nov 23, 2017REPORTAustralia

Australia’s agriculture map reveals record production in 2016-17

ABARES' 2017 Australian agriculture map shows the gross value of farm production exceeded $63 billion in 2016-17 on record output. Beef and wheat were the top export commodities by value in 2015-16.

WHY IT MATTERS

This is a background reference on Australian production values and does not carry a new supply or demand shock for feed prices.

AFFECTSWheat (SRW)Barley

SOURCE
graincentral.comGrain CentralNov 23, 2017

Price reaction & history

Wheat (SRW)no directional readSO FAR1d -0.3%5d -0.1%20d +0.4%

After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.

Nov 29, 2021Record year for Australian winter crop production: ABARES - Grain Central-1.1%
Feb 14, 2017Australia’s wheat production reaches record high | World-grain.com | February 14, 2017 15:45 | World Grain-0.8%
Aug 7, 2020High wheat production ensures Australia’s grain security in COVID era - Grain Central-1.3%
Sep 1, 2026Australia’s winter crop production revised up | World Grain+1.0%
Mar 8, 2017India’s foodgrain production grows 8.1% in 2016-17-0.6%

Barleyno directional read

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.

Wheat (SRW) WHEAT · GP ▸

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Barley BARLEY · GP ▸

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