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Victorian canola prices fell 4.6% to an eight-month low, while French rapeseed futures declined 6% in the week. Wheat prices also weakened amid expectations of easing geopolitical and Black Sea supply disruptions; cool weather and showers in Victoria lifted yield expectations, while grain fill conditions were expected to dilute wheat protein levels.
Expectations of resumed energy flows and greater Black Sea grain availability weigh on export-crop prices, while stronger yield prospects add to supply pressure. A weaker Australian dollar may cushion local prices, but it also reflects broader currency and macroeconomic uncertainty.
weeklytimesnow.com.auNov 11, 2026After 69 past bearish macro events, Wheat (SRW) moved a median -0.5% over 5 sessions (35% higher; middle half -2.6% to +0.8%), and -0.7% 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.
