Australian wheat supply is high due to weak Chinese demand and competition from Russia, pressuring prices.

From Yahoo Finance: 2025-05-27 00:55:00

Australian wheat inventories are expected to be higher this year due to decreased Chinese imports and competition from Russia. A fire sale of stored grain may be necessary to make space for the upcoming harvest, pressuring prices. Analysts predict up to 8 million tons of carryover stock and potential price drops to A$300 per ton.



Read more at Yahoo Finance: Weak Chinese demand leaves Australia with too much wheat