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Rural Bank projects Australia's winter cereal production to fall from record highs, with wheat output down 34% to 26.2 million tonnes. The forecast assumes below-average winter and spring rainfall.
Plantings for 2023-24 are expected to be at or near record levels.
A sharp drop in Australian wheat output from a record planted area would tighten export supplies and support wheat prices. The outlook depends heavily on El Niño, which had not yet been declared.
afdj.com.auelizabeth2023年7月8日在过去 1,072 次看涨的天气事件之后，小麦(SRW) 在 5 个交易日内中位数变动 +0.2%（55% 上涨；中间一半区间为 -1.4% 至 +2.3%），20 个交易日内为 +0.3%。
历史可比事件尚不足，暂无法给出历史解读。
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。
