
ABARES estimated Australia's 2020-21 wheat crop at 33.337 million tonnes, up 120% from the drought-reduced 2019-20 crop and 5% above the previous record. The USDA's prior forecast for Australian wheat was 30 million tonnes, so the March WASDE is expected to raise it.
The gap between the ABARES figure and the USDA estimate suggests upward revision to world wheat supply, which is bearish for wheat prices. Australian exporters are positioned to fill demand from China and other buyers.
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.