Early signs suggest El Niño will bring a normal Australian wheat crop of roughly 25 to 30 million tonnes, ending a run of record harvests. The weather pattern is expected to bring drier and hotter conditions, although soil moisture is currently good across most of the country.
Historically, El Niño years have produced some of the worst eastern Australian droughts.
A smaller Australian crop would reduce export supply after several record years, which supports wheat prices. The effect depends on how dry the coming season turns out.
Na 1.072 eerdere opwaarts weer-gebeurtenissen bewoog Tarwe (SRW) zich mediaan +0,2% over 5 sessies (55% hoger; middelste helft -1,4% tot +2,3%), en +0,3% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.