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Severe thunderstorms brought large hail and heavy rain to south-east Queensland on Monday night, with more than 50 mm falling in 30 minutes at Cooroy. The weather bureau warned of possible tornadoes and flash flooding on Tuesday.
Localised hail and flooding can damage crops and disrupt transport in Queensland, but the effect on national feed grain supply and prices is likely small.
insnip.comNov 2, 2026After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% 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.
