Report

Atherton Tableland

20 May 2020

Chart
Table

Date	AT '23	AT '22	AT '5YA
06-Jan-23	411	405	404
13-Jan-23	410	400	407
20-Jan-23	405	400	407
27-Jan-23	400	393	406
03-Feb-23	400	385	403
10-Feb-23	415	385	399
17-Feb-23	415	390	399
24-Feb-23	415	403	400
03-Mar-23	400	415	399
10-Mar-23	405	408	395
17-Mar-23	403	425	399
24-Mar-23	400	425	399
31-Mar-23	405	415	401
07-Apr-23	400	420	403
14-Apr-23	395	428	407
21-Apr-23	390	435	411
28-Apr-23	375	440	410
05-May-23	380	455	410
12-May-23	383	483	411
19-May-23	385	510	418
26-May-23	395	500	414
02-Jun-23	395	475	411
09-Jun-23	405	495	412
16-Jun-23	408	505	411
23-Jun-23	410	480	410
30-Jun-23	405	465	406
07-Jul-23	400	465	405
14-Jul-23	410	460	405
21-Jul-23	420	455	407
28-Jul-23	425	450	410
04-Aug-23	390	455	415
11-Aug-23	400	440	418
18-Aug-23	415	433	420
25-Aug-23	430	425	421
01-Sep-23	435	410	410
08-Sep-23	445	405	410
15-Sep-23	460	405	414
22-Sep-23	480	410	416
29-Sep-23	475	415	418
06-Oct-23	470	420	422
13-Oct-23	460	440	428
20-Oct-23	460	460	431
27-Oct-23	455	455	428
03-Nov-23	445	468	427
10-Nov-23	443	480	431
17-Nov-23	440	470	427
24-Nov-23	425	440	423
01-Dec-23		420	428
08-Dec-23		400	421
15-Dec-23		405	418
22-Dec-23		415	419
29-Dec-23		413	418

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 ($420 to $430/tonne). Barley: Down $10 ($415 to $425/tonne). Maize: Up $5 ($485 to $495/tonne). Sorghum: Down $15 ($395 to $405/tonne).
Growing areas in Queensland have experienced significant rainfall over the past week, with some areas receiving over 100mm, although other areas missed out and received less than 10mm. The system is not finished yet, with rainfall forecast to continue into next week. The recent rain is expected to see summer crop planting ramp up.
Wheat prices were softer this week as end users are mostly covered through into the new year. Traded volumes have declined with harvest now finished and grain in storage on farm and in depots.
Barley prices firmed as grower selling pulls back for the feed grades. Chinese demand also added support to the market.
Sorghum prices softened on the back of forecast rainfall which should see planting ramp up.