S&P Global reported that ABARES raised its 2022-23 Australian wheat forecast to a record 36.6 million tonnes from 32.2 million. Western Australia output was lifted to 13 million tonnes, while New South Wales was cut to 9.1 million tonnes.
Australian Prime Hard and standard white wheat prices fell about 7% and 10% respectively over the month.
Higher Australian supply and lower Australian wheat export prices point to softer global wheat values, while quality concerns in New South Wales could tighten premium milling supply.
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.
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.