Report

North Coast NSW


Date N NSW '20 N NSW '19 N NSW '5YA
10-Jan-20 450 445 338
17-Jan-20 460 445 338
24-Jan-20 460 440 338
31-Jan-20 460 440 338
07-Feb-20 455 435 335
14-Feb-20 445 420 335
21-Feb-20 440 410 335
28-Feb-20 440 395 335
06-Mar-20 435 385 328
13-Mar-20 425 385 328
20-Mar-20 425 390 328
27-Mar-20 455 390 328
03-Apr-20 475 385 329
10-Apr-20 490 380 329
17-Apr-20 480 375 329
24-Apr-20 470 375 329
01-May-20 450 365 332
08-May-20 430 345 332
15-May-20 420 340 332
22-May-20 405 355 332
29-May-20 395 375 332
05-Jun-20 385 385 353
12-Jun-20 375 395 353
19-Jun-20 365 400 353
26-Jun-20 365 410 353
03-Jul-20 365 405 357
10-Jul-20 370 395 357
17-Jul-20 380 385 357
24-Jul-20 380 385 357
31-Jul-20 385 385 357
07-Aug-20 385 395 361
14-Aug-20 375 400 361
21-Aug-20 370 410 361
28-Aug-20 365 415 361
04-Sep-20 370 415 363
11-Sep-20 250 425 363
18-Sep-20 245 430 351
25-Sep-20 250 435 351
02-Oct-20 255 435 366
09-Oct-20 250 435 366
16-Oct-20 265 435 366
23-Oct-20 260 425 366
30-Oct-20 260 415 366
06-Nov-20 415 355
13-Nov-20 420 355
20-Nov-20 420 355
27-Nov-20 425 355
04-Dec-20 435 354
11-Dec-20 435 354
18-Dec-20 445 354
25-Dec-20 445 354
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: Up $15 ($260 to $270/tonne). Barley: Up $10 ($205 to $215/tonne). Maize: Steady ($375 to $385/tonne). Sorghum: Steady ($245 to $255/tonne).
  • The harvest has continued to progress across the state over the past week following continued warm and dry weather.
  • Forecasts are anticipating favourable harvest conditions with no significant rainfall predicted in the next two weeks.
  • Wheat prices have increased slightly, supported by strength in offshore markets, with minimal grower selling. Overall quality and protein levels remain high following ideal harvest conditions.
  • The past week has seen new crop barley values soften due to upward crop revisions in the states to the south. The potential higher yields may be used to meet any Queensland supply deficit.
  • Old crop sorghum prices firmed slightly this week with continued price support from a lack of grower selling, unfavourable weather forecasts and ongoing dry conditions leading to planting delays.

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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