Australian 2026/27 winter crop forecast: A smaller but historically large crop amid firmer grain prices and higher input costs

In this episode, RaboResearch analysts Oskar Mitchell and Vítor Pistóia unpack the forecast for a large Australian winter crop in excess of 60 million tonnes and explore sharp regional contrasts, record canola production, firmer grain prices, and the rising input costs that continue to squeeze grower margins. They also discuss the outlook for wheat, barley, canola, and pulses and how global trade disruptions and uneven seasonal conditions could shape Australian grain markets into 2027.