Report

Gippsland

Chart
Table

Date	Gipps '22	Gipps '21	Gipps '5YA
07-Jan-22	380	295	327
14-Jan-22	380	305	329
21-Jan-22	380	310	328
28-Jan-22		315	329
04-Feb-22		320	329
11-Feb-22		315	330
18-Feb-22		313	328
25-Feb-22		310	325
04-Mar-22		308	322
11-Mar-22		305	323
18-Mar-22		305	323
25-Mar-22		295	320
01-Apr-22		295	317
08-Apr-22		295	318
15-Apr-22		305	319
22-Apr-22		315	324
29-Apr-22		330	331
06-May-22		330	331
13-May-22		330	332
20-May-22		330	336
27-May-22		335	339
03-Jun-22		330	345
10-Jun-22		330	348
17-Jun-22		330	350
24-Jun-22		325	353
01-Jul-22		330	354
08-Jul-22		330	359
15-Jul-22		325	357
22-Jul-22		330	353
29-Jul-22		335	352
05-Aug-22		340	353
12-Aug-22		350	357
19-Aug-22		360	357
26-Aug-22		365	357
02-Sep-22		360	353
09-Sep-22		360	357
16-Sep-22		355	359
23-Sep-22		358	367
30-Sep-22		360	363
07-Oct-22		365	361
14-Oct-22		375	361
21-Oct-22		373	360
28-Oct-22		370	358
04-Nov-22		370	358
11-Nov-22		375	359
18-Nov-22		400	362
25-Nov-22		410	362
02-Dec-22		420	361
09-Dec-22		415	357
16-Dec-22		405	355
23-Dec-22		385	352
30-Dec-22		383	352

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: Down $5 ($350 to $360/tonne). Barley: Steady ($285 to $295/tonne). Maize: Steady ($345 to $355/tonne). Canola Meal: Down $15 ($455 to $465/tonne).
Wheat values have softened as offshore future markets weaken and local production stabilises.
New crop barley values have been steady throughout the last week with a lack of new crop selling. Old crop barley has also remained steady.
Canola markets have remained relatively stable during the past week despite some likely upcoming harvest selling pressure. Exporters are the main supporters of the market currently.