North West Tasmania
|Date||Tas '20||Tas '19||Tas '5YA|
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.
- Wheat: Up $10 ($410 to $420/tonne). Barley: Up $10 ($335 to $345/tonne). Maize: Down $10 ($405 to $415/tonne). Canola Meal: Up $15 ($460 to $470/tonne).
- Growers remain concerned about the possibility of a wet harvest; this is impacting how both buyers and sellers are currently interacting.
- Whilst wheat prices remained mostly steady, prices showed some more volatile following strength in offshore markets.
- Barley prices are also remaining stable despite offshore market volatility.
- Inclusion of barley in domestic feed rations is expected to remain relatively high this season due to the current price spread between wheat and barley.
- Canola pricing moved in line with offshore future markets this week.
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.