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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 Ending12 August 2022
  • Location: Darling Downs

    Week Ending12 August 2022
  • Location: North Coast NSW

    Week Ending12 August 2022
  • Location: Central West NSW

    Week Ending12 August 2022
  • Location: Bega Valley

    Week Ending12 August 2022
  • Location: Gippsland

    Week Ending12 August 2022
  • Location: Goulburn & Murray Valley

    Week Ending12 August 2022
  • Location: South West Victoria

    Week Ending12 August 2022
  • Location: South East SA

    Week Ending12 August 2022
  • Location: Central SA

    Week Ending12 August 2022
  • Location: South West WA

    Week Ending12 August 2022
  • Location: North West Tasmania

    Week Ending12 August 2022

International and national summary

National background comments: report for the week ending 12 August 2022.

The next update will be on Friday 26 August 2022. Direct links to reports on each dairy region immediately follow this international and national summary for grain.

Driving Prices Up

  • The latest United States Department of Agriculture (USDA) crop progress report has stated that US harvest progress is now at 86% for winter wheat and 9% for spring wheat 2022/23. Crop condition has fallen 6% to be situated at 64% for spring wheat with corn condition also down sharply following hot weather across the US corn belt which pushed CBOT futures higher.
  • Adverse weather in Europe has offered some support for global wheat prices.

Driving Prices Down

  • An agreement between Ukraine and Russia has allowed grain exports to resume from several Ukrainian ports, with more than 12 vessels, primarily loaded with corn and sunflower meal having now left Ukrainian ports.
  • Feed type grains have been on the backfoot with plenty of offers and a relatively quiet bid side.

Global Trade News

  • Australia has exported over 482,840 of feed barley throughout the month of June, which is a decline from last month. There were also 266,000 tonnes of sorghum shipped, which was marginally less than the 267,000 tonnes exported over May.
  • The value of the US dollar fell sharply on Wednesday following the release of the US Consumer Price Index report which has driven strong export demand, helping to support US agricultural commodity prices.
  • Dry bulk freight rates moved lower for the second week in a row as ongoing economic uncertainty in China and softening iron ore prices worsened the existing dry bulk tonnage surplus.

Local News

  • Continued wet weather throughout Victoria, New South Wales and South Australia over the last few months have led to increasing reports of slug damage from many growers.
  • Prolonged wet weather conditions have also seen a sharp increase in stripe rust infections in wheat crops, with crops in Queensland and northern NSW reporting the worst of the outbreak.
  • The Federal agriculture minister has announced an additional $10m funding towards Indonesia’s foot-and-mouth-disease containment work, following the $14m Australia committed to Indonesia last month.

Price change in table below reflects moves since previous report (5 August 2022)

All Location Grain Prices

12 August 2022

Wheat

Barley

Maize

Sorghum

Atherton Tablelands
Price range
Change
$435 - $445
-$15
$400 - $410
-$10
$420 - $430
Steady
$385 - $395
Steady
Darling Downs
Price range
Change
$400 - $410
-$15
$385 - $395
-$15
$415 - $425
Steady
$345 - $355
-$10
North Coast NSW
Price range
Change
$335 - $345
-$10
$335 - $345
-$10
$390 - $400
-$30
$290 - $300
-$5
Central West NSW
Price range
Change
$375 - $385
-$30
$365 - $375
$5
$385 - $395
-$30
$320 - $330
$5

Wheat

Barley

Maize

Canola meal

Bega Valley
Price range
Change
$380 - $390
-$5
$320 - $330
Steady
$390 - $400
-$5
$585 - $595
Steady
Gippsland
Price range
Change
$415 - $425
Steady
$380 - $390
-$5
$435 - $445
-$30
$590 - $600
Steady
Goulburn & Murray Valley
Price range
Change
$385 - $395
-$5
$360 - $370
-$10
$390 - $400
-$5
$480 - $490
Steady
South West Victoria
Price range
Change
$405 - $415
-$5
$350 - $360
-$20
$435 - $445
-$30
$575 - $585
Steady
South East SA
Price range
Change
$410 - $420
-$5
$350 - $360
-$15
$410 - $420
-$10
$620 - $630
Steady
Central SA
Price range
Change
$405 - $415
Steady
$370 - $380
Steady
$425 - $435
-$10
$405 - $415
Steady
North West Tasmania
Price range
Change
$505 - $515
Steady
$470 - $480
-$5
$445 - $455
-$30
$680 - $690
-$30

Wheat

Barley

Triticale

Oats

South West WA
Price range
Change
$400 - $410
-$5
$325 - $335
-$10
$345 - $355
-$5
$260 - $270
-$5
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.


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