Report

Atherton Tableland

Chart
Table

Date	AT '22	AT '21	AT '5YA
07-Jan-22	405	345	359
14-Jan-22	400	350	361
21-Jan-22	400	350	360
28-Jan-22	393	350	358
04-Feb-22	385	350	357
11-Feb-22	385	350	355
18-Feb-22	390	348	353
25-Feb-22	403	345	351
04-Mar-22	415	345	348
11-Mar-22	408	345	350
18-Mar-22	400	340	350
25-Mar-22	425	320	346
01-Apr-22	415	320	345
08-Apr-22	420	320	345
15-Apr-22	428	330	347
22-Apr-22	435	335	350
29-Apr-22	440	340	352
06-May-22	455	345	353
13-May-22	483	343	351
20-May-22	510	340	356
27-May-22	500	335	358
03-Jun-22	475	345	361
10-Jun-22	495	340	362
17-Jun-22	505	335	362
24-Jun-22	480	340	370
01-Jul-22	465	335	369
08-Jul-22	465	330	372
15-Jul-22	460	340	370
22-Jul-22	455	355	372
29-Jul-22	450	358	375
05-Aug-22	455	360	379
12-Aug-22	440	373	384
19-Aug-22		385	387
26-Aug-22		390	390
02-Sep-22		390	387
09-Sep-22		395	388
16-Sep-22		400	393
23-Sep-22		400	394
30-Sep-22		400	395
07-Oct-22		410	397
14-Oct-22		410	396
21-Oct-22		398	391
28-Oct-22		385	386
04-Nov-22		390	383
11-Nov-22		400	387
18-Nov-22		400	387
25-Nov-22		425	393
02-Dec-22		450	395
09-Dec-22		465	399
16-Dec-22		430	391
23-Dec-22		410	390
30-Dec-22		408	391

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.

The grain report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain markets in each dairy region. This report is created using data provided by Profarmer Consulting. 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, Dairy Australia disclaims all liability to the fullest extent permitted by Australian law for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends all persons seek independent advice and, where appropriate, advice from a qualified advisor before making any decisions about changes to business strategy.

Commentary

Wheat: Down $15 ($435 to $445/tonne). Barley: Down $10 ($400 to $410/tonne). Maize: Steady ($420 to $430/tonne). Sorghum: Steady ($385 to $395/tonne).
Weather has remained generally fine across most grain producing areas over the past week.
Following prior warmer conditions to Friday, a westerly system provided upwards of 15mm of rain across parts of southern QLD and northern NSW.
Old crop wheat bids remain stagnant with international markets and thinly traded volumes. New crop values are softer with activity remaining sluggish.
Old crop barley bids are beginning to converge with new crop, as trade and local consumer demand remains quiet. Daily barley movements were generally correlated with wheat.
New crop sorghum bids are starting to soften with engagement from both sides of the trade remaining low outside inelastic demand. Late sorghum is continuing to enter the system and settle trade demand.