ABARES raised its estimate of Australia's 2020-21 wheat crop to a record 33.3 million tonnes, 5% above the previous record of 31.8Mt set in 2016-17. The lift came mainly from higher-than-expected yields in Western Australia and New South Wales.
Barley and canola forecasts were also raised.
A record Australian wheat crop adds exportable supply to the global market at a time of tight world wheat prices, which weighs on the bullish case for wheat and feed-grain substitutes. The USDA's upcoming March report is expected to incorporate the higher figure.
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.