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Australia's agriculture department forecasts 15 to 100 millimetres of rain for Queensland and northern New South Wales between 12 and 19 November, with 5 to 25 millimetres in southern New South Wales and 10 to 50 millimetres in Western Australian cropping areas. The update says the rain improves summer planting prospects but does not yet justify a higher national production forecast.
Better moisture for summer crop planting in eastern Australia eases some supply concern tied to El Niño, which typically brings drier conditions there. The lack of a production upgrade keeps the price impact limited.
agrilinkage.comAgriLinkage Trade, CommoditiesNov 12, 2026Not enough comparable past events yet for a historical read.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), 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.
