Report

Bega Valley

Chart
Table

Date	Bega '21	Bega '20	Bega '5YA
08-Jan-21	280	430	350
15-Jan-21	285	435	350
22-Jan-21	290	430	350
29-Jan-21	298	435	350
05-Feb-21	305	425	355
12-Feb-21	300	420	355
19-Feb-21	298	420	355
26-Feb-21	295	420	355
05-Mar-21	295	415	345
12-Mar-21	295	410	345
19-Mar-21	290	415	345
26-Mar-21	285	435	345
02-Apr-21	285	445	353
09-Apr-21	285	455	353
16-Apr-21	290	460	353
23-Apr-21	300	460	353
30-Apr-21	305	445	353
07-May-21	305	440	357
14-May-21	303	435	357
21-May-21	300	430	357
28-May-21	305	425	357
04-Jun-21	305	425	366
11-Jun-21	308	420	366
18-Jun-21	310	415	366
25-Jun-21	305	405	366
02-Jul-21	305	395	367
09-Jul-21	305	395	367
16-Jul-21	300	405	367
23-Jul-21	305	410	367
30-Jul-21	313	410	367
06-Aug-21	320	400	365
13-Aug-21	318	395	372
20-Aug-21	315	380	372
27-Aug-21	325	375	372
03-Sep-21	330	375	357
10-Sep-21	330	300	357
17-Sep-21	330	305	357
24-Sep-21	330	300	357
01-Oct-21	330	295	365
08-Oct-21	355	305	365
15-Oct-21	355	310	365
22-Oct-21	348	305	365
29-Oct-21	340	320	365
05-Nov-21	340	310	354
12-Nov-21	330	280	354
19-Nov-21	350	275	354
26-Nov-21		305	362
03-Dec-21		305	358
10-Dec-21		295	358
17-Dec-21		280	358
24-Dec-21			358
31-Dec-21

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: Up $20 ($345 to $355/tonne). Barley: Up $5 ($270 to $280/tonne). Maize: Steady ($325 to $335/tonne). Canola Meal: Up $10 ($450 to $460/tonne).
Harvest is trying to resume in areas of New South Wales, Victoria, and South Australia that have experienced heavy rainfall.
Wheat markets were stronger over the last week due to support from offshore futures markets. With the cool spring, wheat crops were slow in ripening so quality may have been able to hold up despite the recent rain.
Barley values increased from strengthening wheat markets. End users are monitoring the spreads and relative feed value of feed barley vs feed wheat.
Canola prices continue to fluctuate due to offshore future changes and harvest selling starting to weigh on prices.