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A GroundCover grower report describes Australian crop conditions ahead of harvest, with canola and barley looking good after useful August and September rain. Growers were managing pests, disease and variable-rate nitrogen application, and harvest was expected to start in early November if rain held off.
Good rainfall and crop condition point to adequate Australian canola and barley supply, a mild bearish influence on feed grain 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.