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ABARES raised its 2020/21 Australian wheat production forecast by nearly 10% to 31.17 million tonnes, up from 28.91 million in September. That would be the country's second-biggest wheat crop on record, just short of the 31.8 million tonne high in 2016/17.
Harvest is already under way in many regions.
A near-record Australian crop adds export supply just as global wheat prices sit at multi-year highs, which points to downward pressure on FOB wheat prices. Lower wheat values can make wheat a cheaper feed alternative to corn.
在过去 334 次看跌的天气事件之后,小麦(SRW) 在 5 个交易日内中位数变动 -0.2%(47% 上涨;中间一半区间为 -1.9% 至 +1.7%),20 个交易日内为 -0.2%。
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。