Report 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
View a location
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Queensland
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New South Wales
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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
$345 - $355$5
Barley
$295 - $305Steady
Maize
$395 - $405-$5
Sorghum
$335 - $345-$10 -
Wheat
$305 - $315$10Barley
$265 - $275$5Maize
$380 - $390-$5Sorghum
$300 - $310$5 -
Wheat
$270 - $280$10Barley
$205 - $215$5Maize
$355 - $365SteadySorghum
$325 - $335-$10 -
Wheat
$245 - $255$5Barley
$205 - $215$5Maize
$355 - $365SteadySorghum
$265 - $275-$2 -
Wheat
$280 - $290$5Barley
$220 - $230$5Maize
$355 - $365$10
Canola meal
$455 - $465$20 -
Wheat
$300 - $310$10Barley
$250 - $260$15Maize
$380 - $390-$5Canola meal
$455 - $465$25 -
Wheat
$285 - $295$10Barley
$225 - $235$15Maize
$345 - $355$20Canola meal
$440 - $450-$5 -
Wheat
$300 - $310$10Barley
$245 - $255$10Maize
$380 - $390-$5Canola meal
$440 - $450$10 -
Wheat
$290 - $300$5Barley
$205 - $215SteadyMaize
$410 - $420-$5Canola meal
$485 - $495$15 -
Wheat
$290 - $300SteadyBarley
$210 - $220$10Maize
$415 - $425-$5Canola meal
$255 - $265$10 -
Wheat
$325 - $335$10Barley
$275 - $285$15Triticale
$270 - $280$5Oats
$275 - $285$20 -
Wheat
$390 - $400$10Barley
$340 - $350$15Maize
$390 - $400-$5Canola meal
$545 - $555-$5
International and national summary
National background comments: report for the week ending 22 January 2021.
The next update will be on Friday 05 February 2021. Direct links to reports on each dairy region immediately follow this international and national summary for grain.
Driving Prices Up
- The Russian wheat export tax is driving global prices to increase, as demand from countries such as the US, Canada and Australia, begins to rise.
- Argentina exported 24.5 mmt of soymeal and soybean pellets in 2020, down 18% compared to the 30.1 mmt exported in 2019.
- Food security and recovery from COVID-19 remains a priority for many governments around the world, with feed and food demand remaining strong at the start of the new year.
Driving Prices Down
- Chicago Board of Trade (CBOT) wheat futures have come under pressure this week due to forecast rainfall across US winter wheat areas that could improve crop conditions. Intercontinental Exchange (ICE) canola futures were also seen to reduce over the last week,
- Rainfall forecast for South America may improve soybean crop yields and potentially increase stock estimates.
Global Trade News
- The Russian agricultural ministry has recently proposed a €25/mt (AUD$39/mt) increase to the existing €25/mt wheat export duty which comes into effect on the 15th of February. This would take the wheat export duty to €50/mt (AUD$79/mt) from March 15th.
- Under the new raft of Russian tax proposals is a €25/mt (AUD$39/mt) tax on corn exports and a €10/mt (AUD$16/mt) tax on barley. The proposal is in response to rising food costs in Russia, reportedly fuelled by strong export prices for wheat and other grains.
- The rising price of Russian wheat and lack of offers has resulted in Egypt’s General Authority for Supply Commodities (GASC) passing on their tender for February 18th to March 5th. The prices offered ranged from USD$293-315/mt FOB, while Egypt’s GASC purchased 235,000mt of wheat in December for $29.88/mt cheaper.
Local News
- The harvest season across Australia is almost complete, with small pockets in south west Victoria and south east South Australia still harvesting late planted wheat.
- The large harvest and reportedly strong international demand for Australian grains, has resulted in a robust export market while global prices begin to rise.
Price change in table below reflects moves since previous report (22 January 2021)
All Location Grain Prices
| 15 January 2021 |
Wheat |
Barley |
Maize |
Sorghum |
|
|---|---|---|---|---|---|
Atherton Tablelands | Price range
Change | $345 - $355 $5 | $295 - $305 Steady | $395 - $405 -$5 | $335 - $345 -$10 |
Darling Downs | Price range
Change | $305 - $315 $10 | $265 - $275 $5 | $380 - $390 -$5 | $300 - $310 $5 |
North Coast NSW | Price range
Change | $270 - $280 $10 | $205 - $215 $5 | $355 - $365 Steady | $325 - $335 -$10 |
Central West NSW | Price range
Change | $245 - $255 $5 | $205 - $215 $5 | $355 - $365 Steady | $265 - $275 -$2 |
Wheat |
Barley |
Maize |
Canola meal |
||
Bega Valley | Price range
Change | $280 - $290 $5 | $220 - $230 $5 | $355 - $365 $10 | $455 - $465 $20 |
Gippsland | Price range
Change | $300 - $310 $10 | $250 - $260 $15 | $380 - $390 -$5 | $455 - $465 $25 |
Goulburn & Murray Valley | Price range
Change | $285 - $295 $10 | $225 - $235 $15 | $345 - $355 $20 | $440 - $450 -$5 |
South West Victoria | Price range
Change | $300 - $310 $10 | $245 - $255 $10 | $380 - $390 -$5 | $440 - $450 $10 |
South East SA | Price range
Change | $290 - $300 $5 | $205 - $215 Steady | $410 - $420 -$5 | $485 - $495 $15 |
Central SA | Price range
Change | $290 - $300 Steady | $210 - $220 $10 | $415 - $425 -$5 | $255 - $265 $10 |
North West Tasmania | Price range
Change | $390 - $400 $10 | $340 - $350 $15 | $390 - $400 -$5 | $545 - $555 -$5 |
Wheat |
Barley |
Triticale |
Oats |
||
South West WA | Price range
Change | $325 - $335 $10 | $275 - $285 $15 | $270 - $280 $5 | $275 - $285 $20 |
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.
