
Lucas Group reported ABARES' quarterly forecast of 36.6 million tonnes of wheat, up 14% on the previous estimate and likely a record. Canola was forecast at 7.3 million tonnes, above last year's 6.8 million tonnes.
Barley was forecast at about 13.4 million tonnes despite lower plantings, as farmers shifted to wheat and canola.
Record Australian wheat and canola output expands export supply and is likely to pressure world wheat prices, while lower barley plantings limit the feed-grain impact.
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.