
Queensland wheat crop prospects have improved after above-average June and July rain, with southern Queensland growers reporting yield potential as good as they have seen. ABARES forecast Queensland wheat at 1.45 million tonnes, and some growers think output could approach 2 million tonnes.
A larger Queensland crop adds to Australian wheat supply for export, a modest bearish factor for wheat prices. The effect is small relative to national output.
Setelah 334 peristiwa cuaca bearish sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,9% sampai +1,7%), dan -0,2% 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.