For the week ending 17 August 2022, low-pressure systems brought moderate to heavy rain to southern Australia, while northern areas stayed dry. Soil moisture is well above average in parts of New South Wales, Queensland and Western Australia, raising waterlogging risk.
The report also cites below-average July rainfall globally, which is likely to cut wheat output in Argentina, the EU and Canada and to weigh on corn yields in several major producers.
Global grain and oilseed output looks likely to fall below June forecasts, which supports wheat and corn prices. Good Australian rain is a bearish offset for Australian wheat yields.
Na 224 eerdere neutraal weer-gebeurtenissen bewoog Tarwe (SRW) zich mediaan -0,1% over 5 sessies (46% hoger; middelste helft -1,4% tot +1,5%), en +0,4% over 20.
Na 1.465 eerdere opwaarts weer-gebeurtenissen bewoog Maïs zich mediaan +0,2% over 5 sessies (54% hoger; middelste helft -1,4% tot +1,9%), en +0,9% 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.