ABARES raised its forecasts for Australia's three largest winter crops in its March quarterly report. Wheat was lifted to 34.1 million tonnes from 31.9 million, barley to 13.3 million from 11.7 million, and canola to 5.9 million from 5.6 million.
Yields beat expectations in Western Australia and New South Wales, while South Australia and Victoria were weaker.
A larger Australian wheat and barley crop adds exportable supply to global markets and eases pressure on prices for feed and milling grains. Buyers can expect more competitive offers from Australian origin.
Setelah 1.006 peristiwa laporan bearish sebelumnya, Gandum (SRW) bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -1,6% sampai +1,8%), dan +0,3% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.