Bega Valley
Report

Bega Valley


Date Bega '20 Bega '19 Bega '5YA
10-Jan-20 430 470 340
17-Jan-20 435 470 340
24-Jan-20 430 465 340
31-Jan-20 435 465 340
07-Feb-20 425 455 336
14-Feb-20 420 450 336
21-Feb-20 420 435 336
28-Feb-20 420 420 336
06-Mar-20 415 415 327
13-Mar-20 410 415 327
20-Mar-20 410 425 327
27-Mar-20 435 420 327
03-Apr-20 445 420 329
10-Apr-20 455 415 329
17-Apr-20 460 420 329
24-Apr-20 460 420 329
01-May-20 445 415 335
08-May-20 440 400 335
15-May-20 435 390 335
22-May-20 430 400 335
29-May-20 425 430 335
05-Jun-20 425 425 350
12-Jun-20 420 420 350
19-Jun-20 415 420 350
26-Jun-20 405 420 350
03-Jul-20 395 415 359
10-Jul-20 395 410 359
17-Jul-20 405 400 359
24-Jul-20 410 390 359
31-Jul-20 410 390 359
07-Aug-20 400 390 357
14-Aug-20 395 390 357
21-Aug-20 380 390 357
28-Aug-20 375 390 357
04-Sep-20 375 390 358
11-Sep-20 300 395 358
18-Sep-20 305 405 357
25-Sep-20 300 410 357
02-Oct-20 295 415 371
09-Oct-20 305 415 371
16-Oct-20 310 415 371
23-Oct-20 305 415 371
30-Oct-20 320 415 371
06-Nov-20 415 362
13-Nov-20 415 362
20-Nov-20 415 362
27-Nov-20 415 362
04-Dec-20 415 358
11-Dec-20 420 358
18-Dec-20 430 358
25-Dec-20 430 358
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 $5 ($305 to $315/tonne). Barley: Up $5 ($245 to $255/tonne). Maize: Steady ($385 to $395/tonne). Canola Meal: Down $5 ($365 to $375/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.


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