
Aerial spraying operations targeting locusts have treated more than 100,000 hectares across South Australia’s Flinders, Mid North and pastoral regions. The campaign is taking place as a likely record harvest gets underway.
Controlling locusts may limit crop damage and protect South Australian grain production, reducing the risk of supply losses. The report does not quantify crop damage or a change in expected output, so price implications are limited.
After 14 past disease events, Wheat (SRW) moved a median -0.3% over 5 sessions (29% higher; middle half -0.7% to +0.5%), and -0.8% 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.