
South Australia could be heading for one of its biggest grain harvests after several difficult seasons, with promising wheat crops across many growing regions. Grain Producers SA says rising diesel, fertiliser and other production costs are squeezing farm profitability despite the larger expected yield.
A large South Australian wheat crop adds supply to the Australian and export markets, which is bearish for wheat prices, but high input costs mean growers may have less capacity to hold or expand production.
After 334 past bearish weather events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.9% to +1.7%), and -0.2% over 20.
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.