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Australian crop margins remain under pressure heading into 2027. Below-average rainfall and weaker yields in Queensland and New South Wales are squeezing growers, according to RaboResearch analyst Oskar Mitchell.
Lower yields and dry conditions in eastern Australia can reduce grain supplies for export and feed, which tends to support prices. The effect is modest because the report gives no crop-specific volumes.
After 1,783 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.0%), 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.