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
-
Queensland
-
New South Wales
-
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
$505 - $515$55Barley
$425 - $435$35Maize
$455 - $465$50Sorghum
$410 - $420$15 -
Wheat
$475 - $485$65Barley
$445 - $455$60Maize
$445 - $455$50Sorghum
$360 - $370$5 -
Wheat
$365 - $375$55Barley
$355 - $365$45Maize
$415 - $425$40Sorghum
$325 - $335$20 -
Wheat
$445 - $455$50Barley
$395 - $405$65Maize
$415 - $425$40Sorghum
$280 - $290-$5 -
Wheat
$430 - $440$50Barley
$385 - $395$85Maize
$395 - $405SteadyCanola meal
$560 - $570$5 -
Wheat
$495 - $505$65Barley
$450 - $460$40Maize
$470 - $480$35Canola meal
$590 - $600$10 -
Wheat
$470 - $480$70Barley
$425 - $435$40Maize
$395 - $405SteadyCanola meal
$480 - $490Steady -
Wheat
$470 - $480$70Barley
$385 - $395SteadyMaize
$470 - $480$35Canola meal
$575 - $585$10 -
Wheat
$480 - $490$50Barley
$460 - $470$55Maize
$455 - $465$10Canola meal
$620 - $630$10 -
Wheat
$455 - $465$45Barley
$390 - $400$30Maize
$455 - $465$10Canola meal
$345 - $355$25 -
Wheat
$400 - $410$10Barley
$410 - $420$55Triticale
$355 - $365$10Oats
$290 - $300$10 -
Wheat
$585 - $595$65Barley
$540 - $550$40Maize
$480 - $490$35Canola meal
$680 - $690$35
International and national summary
National background comments: report for the week ending 25 March 2022.
The next update will be on Friday 1 April 2021. Direct links to reports on each dairy region immediately follow this international and national summary for grain.
Driving Prices Up
- Soybean production prices in Brazil continue to rise with costs up 60% compared to the year prior. The primary divers were increasing macronutrients and seeds prices which have been impacted by a lack of supply.
- Tight rapeseed seed availability has continued to support values with increased likelihood of disrupted trade and supply in the Black Sea region have also pushed prices higher.
- Increased ethanol production across the US has supported CBOT corn futures.
Driving Prices Down
- A report released by the EU commission has found that EU wheat, winter barley and rapeseed t/ha estimates are all tracking above five-year averages, though barley and wheat yields are expected to come in slightly under last year’s figures.
Global Trade News
- Ukrainian grain exporters are looking to begin exporting larger volumes of grain via rail across the EU border rather than via seaports (98% of Ukrainian grain exports are typically exported via sea) with grain production regions now cut off from most seaports within the country.
- Turkey's state buying company (TMO) has issued two tenders seeking to buy 500,000 mt of corn for April-May loading. The tenders are due to close next week.
- The USDA have forecast China’s soybean imports will hit a record 100 million mt in 2022/23 driven by higher feed demand as moderate growth and profitability returns to the swine and poultry sectors and high prices for protein rich alternatives, particularly wheat.
Local News
- The La Niña weather system is set to continue into late autumn, with above-average rainfall likely for far north Western Australia, the Northern Territory, northern and eastern Queensland, and eastern NSW and Victoria. South-west WA, western Tasmania and areas of southern South Australia are forecast to receive below average rainfall over the coming months.
- Growers in the WA wheat belt are on the lookout for increased mice activity following an increase in mouse populations over the summer. Seeding in WA is fast approaching with damage caused by mice particularly bad at sowing time.
Price change in table below reflects moves since previous report (18 March 2022)
All Location Grain Prices
20 May 2022 |
Wheat |
Barley |
Maize |
Sorghum |
|
---|---|---|---|---|---|
Atherton Tablelands | Price range
Change | $505 - $515 $55 | $425 - $435 $35 | $455 - $465 $50 | $410 - $420 $15 |
Darling Downs | Price range
Change | $475 - $485 $65 | $445 - $455 $60 | $445 - $455 $50 | $360 - $370 $5 |
North Coast NSW | Price range
Change | $365 - $375 $55 | $355 - $365 $45 | $415 - $425 $40 | $325 - $335 $20 |
Central West NSW | Price range
Change | $445 - $455 $50 | $395 - $405 $65 | $415 - $425 $40 | $280 - $290 -$5 |
Wheat |
Barley |
Maize |
Canola meal |
||
Bega Valley | Price range
Change | $430 - $440 $50 | $385 - $395 $85 | $395 - $405 Steady | $560 - $570 $5 |
Gippsland | Price range
Change | $495 - $505 $65 | $450 - $460 $40 | $470 - $480 $35 | $590 - $600 $10 |
Goulburn & Murray Valley | Price range
Change | $470 - $480 $70 | $425 - $435 $40 | $395 - $405 Steady | $480 - $490 Steady |
South West Victoria | Price range
Change | $470 - $480 $70 | $385 - $395 Steady | $470 - $480 $35 | $575 - $585 $10 |
South East SA | Price range
Change | $480 - $490 $50 | $460 - $470 $55 | $455 - $465 $10 | $620 - $630 $10 |
Central SA | Price range
Change | $455 - $465 $45 | $390 - $400 $30 | $455 - $465 $10 | $345 - $355 $25 |
North West Tasmania | Price range
Change | $585 - $595 $65 | $540 - $550 $40 | $480 - $490 $35 | $680 - $690 $35 |
Wheat |
Barley |
Triticale |
Oats |
||
South West WA | Price range
Change | $400 - $410 $10 | $410 - $420 $55 | $355 - $365 $10 | $290 - $300 $10 |
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.