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Low-pressure systems brought scattered rainfall to northern, central and southern Australia in the week ending 11 November 2026, with limited falls in cropping regions. Heavier rainfall of 15-100 millimetres is forecast for north-eastern cropping areas over 12-19 November, and the Bureau of Meteorology expects above-average rain across much of eastern and southern Australia for December to February.
Timely rain for planting and pasture growth supports Australian summer crop and grain supply prospects, which eases concern about tight supply from a strong El Niño year. Forecast rains are mildly bearish for feed grain prices.
agriculture.gov.auNov 12, 2026Not enough comparable past events yet for a historical read.
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.
