Report

South West WA


Date WA '20 WA '19 WA '5YA
10-Jan-20 330 345 295
17-Jan-20 340 345 295
24-Jan-20 345 340 295
31-Jan-20 340 330 295
07-Feb-20 330 325 293
14-Feb-20 325 325 293
21-Feb-20 320 320 293
28-Feb-20 320 310 293
06-Mar-20 315 305 289
13-Mar-20 315 300 289
20-Mar-20 315 305 289
27-Mar-20 365 300 289
03-Apr-20 375 295 286
10-Apr-20 375 280 286
17-Apr-20 360 270 286
24-Apr-20 375 265 286
01-May-20 355 255 287
08-May-20 350 240 287
15-May-20 345 240 287
22-May-20 340 270 287
29-May-20 340 295 287
05-Jun-20 330 290 300
12-Jun-20 320 285 300
19-Jun-20 320 295 300
26-Jun-20 310 290 300
03-Jul-20 310 280 302
10-Jul-20 315 275 302
17-Jul-20 325 270 302
24-Jul-20 320 260 302
31-Jul-20 325 250 302
07-Aug-20 315 260 297
14-Aug-20 305 260 297
21-Aug-20 305 260 297
28-Aug-20 305 260 297
04-Sep-20 300 260 295
11-Sep-20 300 270 295
18-Sep-20 305 275 293
25-Sep-20 308 275 293
02-Oct-20 310 275 298
09-Oct-20 310 275 298
16-Oct-20 330 275 298
23-Oct-20 340 270 298
30-Oct-20 340 265 298
06-Nov-20 340 260 290
13-Nov-20 325 260 290
20-Nov-20 325 265 290
27-Nov-20 325 270 290
04-Dec-20 305 297
11-Dec-20 310 297
18-Dec-20 320 297
25-Dec-20 320 297
27-Dec-19

Notes:

Change in price is the change since the last report. Prices are estimates based on delivery to dairy farms with allowance for freight, storage, and marketing costs, but exclusive of GST. Wheat prices are for the relevant stockfeed wheat available in a region (ASW, AGP, SFW1 or FED1) and F1 for barley.

 

Commentary

  • Wheat: Steady ($320 to $330/tonne). Barley: Up $5 ($265 to $275/tonne). Triticale: Steady ($270 to $280/tonne). Oats: Up $10 ($290 to $300/tonne).
  • A week of decent weather has seen harvest pace increase with deliveries now close to 7 million metric tonnes (mmt) or 50 per cent complete.
  • Wheat prices have softened marginally this week, as harvest pace increases. ASW1 has accounted for 30% of total deliveries so far. APW1 is trading just south of the $330/t FIS level.
  • Barley markets continue to see upward and downward price movements throughout the week. State barley deliveries are over 2.5mmt with malt selection totalling less than 20%, the malt percentage is expected to rise as harvest moves south.
  • Oats prices have softened this week as deliveries begin to increase with harvest heading south though at this point only 110k have been delivered to CBH.

This report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain and hay markets in each dairying region. It should be remembered that actual prices may vary for quality or other reasons. Whilst all reasonable steps have been taken to ensure the accuracy of the information contained in this report, to the fullest extent permitted by Australian law Dairy Australia disclaims all liability for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends that all persons seek independent advice and, where appropriate, advice from a qualified adviser, before making any decisions about changes to business strategy.


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