Report Grain Report
Dairy Australia generates a grain report to help farmers make more informed decisions when buying grain. The grain report is updated 40 times per year and provides an independent and timely assessment of grain markets in each dairy region.
Grain prices by location
View a location
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Queensland
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New South Wales
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Victoria
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South Australia
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Western Australia
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Tasmania
Select a location to view the grain price:
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Wheat
$495 - $505-$10
Barley
$425 - $435Steady
Maize
$460 - $470$5
Sorghum
$415 - $425$5 -
Wheat
$495 - $505$20Barley
$470 - $480$25Maize
$455 - $465$10Sorghum
$385 - $395$25 -
Wheat
$395 - $405$30Barley
$380 - $390$25Maize
$430 - $440$15Sorghum
$330 - $340$5 -
Wheat
$455 - $465$10Barley
$395 - $405SteadyMaize
$415 - $425SteadySorghum
$285 - $295$5 -
Wheat
$435 - $445$5Barley
$395 - $405$10Maize
$445 - $455$50
Canola meal
$555 - $565-$5 -
Wheat
$495 - $505SteadyBarley
$455 - $465$5Maize
$490 - $500$20Canola meal
$610 - $620$20 -
Wheat
$470 - $480SteadyBarley
$435 - $445$10Maize
$445 - $455$50Canola meal
$480 - $490Steady -
Wheat
$475 - $485$5Barley
$415 - $425$30Maize
$490 - $500$20Canola meal
$595 - $605$20 -
Wheat
$490 - $500$10Barley
$445 - $455-$15Maize
$460 - $470$5Canola meal
$640 - $650$20 -
Wheat
$465 - $475$10Barley
$410 - $420$20Maize
$460 - $470$5Canola meal
$365 - $375$20 -
Wheat
$425 - $435$25Barley
$420 - $430$10Triticale
$355 - $365SteadyOats
$305 - $315$15 -
Wheat
$585 - $595SteadyBarley
$545 - $555$5Maize
$500 - $510$20Canola meal
$700 - $710$20
International and national summary
National background comments: report for the week ending 20 May 2022.
The next update will be on Friday 27 May 2022. Direct links to reports on each dairy region immediately follow this international and national summary for grain.
Driving Prices Up
- The Indian government announced a ban on commercial wheat exports late last Friday however announced a small relaxation in its restrictions in allowing the export of cargo’s already registered in the customs system.
- Argentina is expected to harvest 19 million mt of wheat in 2022-23 which is 14 per cent lower year-on-year to the 22.1 million mt harvest seen last season
- USDA planting of corn, soybeans, and wheat continued to advance last week but remains behind last year.
Driving Prices Down
- Heavy gains made by wheat futures earlier in the week are likely to see some traders book profits over the coming days while multi-lateral talks with the UN to free up Ukrainian wheat from Russian port blockades may also see some downward price pressure on wheat prices.
Global Trade News
- India has reportedly sold 500,000 mt of wheat to Egypt leaving government to government deals on the table
- Turkey’s state backed importing agency has tendered to buy up to 325,000 mt of corn for June
- MFIG which is Taiwan’s feed-making group has purchased another 55,000 mt of South African corn in a tender with MFIG set to pay around $397.28/mt CFR.
- Japan’s agriculture ministry has issued an international tender for 174,000 mt of US, Canadian, and Australian milling wheat for loading in July and September
Local News
- Australia’s canola production for the 2022/23 season is expected to decline 17 per cent from last year’s record harvest with 5.2 million mt expected to be harvested
- Australian farmers have completed over half of their winter crop planting including wheat, barley, and canola, with seasonal conditions looking favourable
Price change in table below reflects moves since previous report (6 May 2022)
All Location Grain Prices
| 27 May 2022 |
Wheat |
Barley |
Maize |
Sorghum |
|
|---|---|---|---|---|---|
Atherton Tablelands | Price range
Change | $495 - $505 -$10 | $425 - $435 Steady | $460 - $470 $5 | $415 - $425 $5 |
Darling Downs | Price range
Change | $495 - $505 $20 | $470 - $480 $25 | $455 - $465 $10 | $385 - $395 $25 |
North Coast NSW | Price range
Change | $395 - $405 $30 | $380 - $390 $25 | $430 - $440 $15 | $330 - $340 $5 |
Central West NSW | Price range
Change | $455 - $465 $10 | $395 - $405 Steady | $415 - $425 Steady | $285 - $295 $5 |
Wheat |
Barley |
Maize |
Canola meal |
||
Bega Valley | Price range
Change | $435 - $445 $5 | $395 - $405 $10 | $445 - $455 $50 | $555 - $565 -$5 |
Gippsland | Price range
Change | $495 - $505 Steady | $455 - $465 $5 | $490 - $500 $20 | $610 - $620 $20 |
Goulburn & Murray Valley | Price range
Change | $470 - $480 Steady | $435 - $445 $10 | $445 - $455 $50 | $480 - $490 Steady |
South West Victoria | Price range
Change | $475 - $485 $5 | $415 - $425 $30 | $490 - $500 $20 | $595 - $605 $20 |
South East SA | Price range
Change | $490 - $500 $10 | $445 - $455 -$15 | $460 - $470 $5 | $640 - $650 $20 |
Central SA | Price range
Change | $465 - $475 $10 | $410 - $420 $20 | $460 - $470 $5 | $365 - $375 $20 |
North West Tasmania | Price range
Change | $585 - $595 Steady | $545 - $555 $5 | $500 - $510 $20 | $700 - $710 $20 |
Wheat |
Barley |
Triticale |
Oats |
||
South West WA | Price range
Change | $425 - $435 $25 | $420 - $430 $10 | $355 - $365 Steady | $305 - $315 $15 |
About the Grain Report
Why the grain report is created
Farmers, government, industry advocacy and businesses across the supply chain require independently produced, unbiased data on the industry to inform strategic decisions and policy formation.
Grain reports provide an independent industry view, bringing together key data and insights across the supply chain and industry without any vested interest.
The grain report is created using data provided by Profarmer Consulting.
Interpreting the reports
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 quality wheat available in a region (ASW, AGP, SFW1 or FED1) and F1 for barley.
Watch this video of dairy farm manager Brian Corr explaining how the weekly hay and grain email updates help him make more informed decisions on-farm.
