
South Australia is forecast to produce 1.33 million tonnes of hay, up about 105,000 tonnes from last season despite a decline in harvested area. Wet winter conditions boosted crops and pasture growth, while rain, lodging, limited spraying opportunities and fungicide shortages create management and quality concerns.
Higher hay production and abundant pasture could ease roughage demand from dairy farmers and graziers, potentially pressuring hay values. Weather-related quality losses or harvest disruptions could offset some of the added volume.
After 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.