Report

Gippsland

Chart
Table

Date	Gipps '21	Gipps '20	Gipps '5YA
08-Jan-21	295	365	340
15-Jan-21	305	370	340
22-Jan-21	310	370	340
29-Jan-21	315	360	340
05-Feb-21	320	350	334
12-Feb-21	315	345	334
19-Feb-21	313	345	334
26-Feb-21	310	345	334
05-Mar-21	308	340	330
12-Mar-21	305	335	330
19-Mar-21	305	340	330
26-Mar-21	295	370	330
02-Apr-21	295	375	337
09-Apr-21	295	385	337
16-Apr-21	305	385	337
23-Apr-21	315	385	337
30-Apr-21	330	370	337
07-May-21	330	365	342
14-May-21	330	360	342
21-May-21	330	355	342
28-May-21	335	350	342
04-Jun-21	330	350	352
11-Jun-21	330	340	352
18-Jun-21	330	330	352
25-Jun-21	325	320	352
02-Jul-21	330	310	354
09-Jul-21	330	320	354
16-Jul-21	325	330	354
23-Jul-21	330	335	354
30-Jul-21		335	354
06-Aug-21		325	347
13-Aug-21		315	347
20-Aug-21		300	347
27-Aug-21		295	347
03-Sep-21		295	345
10-Sep-21		290	345
17-Sep-21		295	345
24-Sep-21		300	345
01-Oct-21		305	355
08-Oct-21		305	355
15-Oct-21		325	355
22-Oct-21		325	355
29-Oct-21		325	355
05-Nov-21		325	349
12-Nov-21		305	349
19-Nov-21		305	349
26-Nov-21		305	349
03-Dec-21		300	340
10-Dec-21		290	340
17-Dec-21		295	340
24-Dec-21			340
31-Dec-21

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.

The grain report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain markets in each dairy region. This report is created using data provided by Profarmer Consulting. 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, Dairy Australia disclaims all liability to the fullest extent permitted by Australian law for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends all persons seek independent advice and, where appropriate, advice from a qualified advisor before making any decisions about changes to business strategy.

Commentary

Wheat: Up $5 ($325 to $335/tonne). Barley: Steady ($265 to $275/tonne). Maize: Steady ($325 to $335/tonne). Canola Meal: Steady ($480 to $490/tonne).
Another wet and cool week has been ideal for crop development.
Old and new crop wheat prices have increased over the past week due to the firming US future markets from poor spring crop conditions.
Barley prices remain flat with interest from buyers very minimal for the time being.
Canola prices were steadier this week. Canadian canola futures remain well ahead of local values with strong new season canola production forecast.