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Westpac's quarterly agriculture report cuts its 2026 Australian farm GVA forecast to -0.8%, with the largest downgrade in crop production. It cites higher diesel, fertiliser and freight costs from the Middle East conflict, along with hotter, drier conditions linked to possible El Niño.
Westpac expects wheat prices to ease over 2026 while canola prices are revised higher.
Higher input costs may reduce planted area and yields, while global wheat supply weighs on prices. Stronger canola expectations point to firmer oilseed meal demand.
westpaciq.com.auSian Fenner, Justin Smirk2026年4月28日在过去 1,006 次看跌的报告事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -1.6% 至 +1.8%），20 个交易日内为 +0.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
