
Wimmera farmers in Victoria's Mallee region report grain crops performing exceptionally well after a prolonged drought, following recent rainfall. Hay cutting has been delayed and may be lower quality due to wet weather, while grain harvest is expected to start in late November.
A strong Australian grain and canola crop would add export supply later in the season, a mildly bearish factor for feed grain and oilseed prices. The impact is local and early, so it carries limited price weight for now.
Not enough comparable past events yet for a historical 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.