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Australian grain analysts continue to cut their winter crop forecasts, with most now projecting a significant year-on-year drop in production. Rabobank forecasts 27.7 million tonnes for the winter crop and 15.8 million tonnes of wheat, while NAB has wheat at 15.5 million tonnes.
The main downgrade driver is Western Australia returning to more normal conditions after last year's bumper crop.
A smaller Australian wheat crop tightens exportable supply and supports international wheat prices, while feed-grade barley supplies also tighten for buyers.
farmonline.com.auGregor Heard22 Okt 2019Setelah 1.072 peristiwa cuaca bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,3%), 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.
