Australia’s winter wheat crop is forecast to fall by more than a quarter in the 2026/27 season due to unusually dry weather, low global prices and higher input costs resulting from the war in the Middle East.
Geopolitics Bloomberg Jun 1, 2026
Australian Wheat Crop Expected to Drop 26% on Weather, War Costs
Australia’s winter wheat crop is forecast to fall by more than a quarter in the 2026/27 season due to unusually dry weather, low global prices and higher input costs resulting from the war in the Middle East.
