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Barley Australia expects the 2016-17 barley harvest to beat the 10.4 million tonne record set in 2003-04. Farmers report yields of 5 to 6 tonnes a hectare in most zones, with only isolated frost damage in Western Australia and parts of the Wimmera.
A record Australian barley crop adds supply to export markets and pressures feed barley prices.
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.