Report iconReport

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

Select a location to view the grain price:

  • Location: Atherton Tablelands

    Week Ending20 May 2022
  • Location: Darling Downs

    Week Ending20 May 2022
  • Location: North Coast NSW

    Week Ending20 May 2022
  • Location: Central West NSW

    Week Ending20 May 2022
  • Location: Bega Valley

    Week Ending20 May 2022
  • Location: Gippsland

    Week Ending20 May 2022
  • Location: Goulburn & Murray Valley

    Week Ending20 May 2022
  • Location: South West Victoria

    Week Ending20 May 2022
  • Location: South East SA

    Week Ending20 May 2022
  • Location: Central SA

    Week Ending20 May 2022
  • Location: South West WA

    Week Ending20 May 2022
  • Location: North West Tasmania

    Week Ending20 May 2022

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
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.

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.


X
You're viewing the DairyTAS website. To view other regional dairy information, select a region.
X
Cookies help Dairy Australia improve your website experience. By using our website, you agree to our use of cookies.
Confirm