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Market participants estimate Australia's 2024/25 wheat crop at 32 to 35.5 million tons, about 2 million tons above the government's December forecast of 31.9 million. The upgrade is driven mainly by high yields in Western Australia.
Australia's wheat export forecast for the season was raised from 22 million to 24 million tons.
A larger exportable supply from Australia adds competition in Asian feed wheat markets and weighs on global wheat prices.
tridge.comEconomic times6 Feb 2025Setelah 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.
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.
