Report

North West Tasmania


Date Tas '20 Tas '19 Tas '5YA
10-Jan-20 455 490 376
17-Jan-20 460 485 376
24-Jan-20 460 480 376
31-Jan-20 465 480 376
07-Feb-20 455 475 372
14-Feb-20 450 470 372
21-Feb-20 450 460 372
28-Feb-20 450 445 372
06-Mar-20 445 445 368
13-Mar-20 440 450 368
20-Mar-20 445 455 368
27-Mar-20 475 445 368
03-Apr-20 480 440 374
10-Apr-20 490 435 374
17-Apr-20 490 445 374
24-Apr-20 490 450 374
01-May-20 475 445 383
08-May-20 470 435 383
15-May-20 465 430 383
22-May-20 460 440 383
29-May-20 455 470 383
05-Jun-20 455 468 393
12-Jun-20 445 465 393
19-Jun-20 435 465 393
26-Jun-20 425 470 393
03-Jul-20 415 465 396
10-Jul-20 425 460 396
17-Jul-20 435 450 396
24-Jul-20 440 440 396
31-Jul-20 440 440 396
07-Aug-20 430 435 388
14-Aug-20 420 425 388
21-Aug-20 405 425 388
28-Aug-20 400 425 388
04-Sep-20 400 435 389
11-Sep-20 395 440 389
18-Sep-20 400 450 389
25-Sep-20 403 455 389
02-Oct-20 405 460 389
09-Oct-20 405 460 389
16-Oct-20 415 460 389
23-Oct-20 460 389
30-Oct-20 460 389
06-Nov-20 460 383
13-Nov-20 460 383
20-Nov-20 460 383
27-Nov-20 460 383
04-Dec-20 435 375
11-Dec-20 440 375
18-Dec-20 445 375
25-Dec-20 445 375
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.

 

Grain Commentary

Wheat: Down $10 ($440 to $450/tonne). Barley: Steady ($330 to $340/tonne). Maize: Down $10 ($505 to $515/tonne). Canola Meal: Steady ($450 to $460/tonne).

A drop in offshore wheat futures values and an increase in the AUD softened wheat markets this week. The discount of spot barley in comparison to spot wheat is still very large, which is seeing some demand move from wheat and some downwards pressure on prices.

Grower selling for barley remains limited, however there has been a slight increase in grower engagement in these markets over the last week.

It is expected that low export demand, given tariffs on Australian barley from China, and favourable crop conditions will see a large excess of barley over the next season. Growers remain reluctant to sell barley, however, at current levels.


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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