Report

Bega Valley

Chart
Table

Date	Bega '22	Bega '21	Bega '5YA
07-Jan-22	355	280	326
14-Jan-22	355	285	331
21-Jan-22	350	290	331
28-Jan-22	350	298	332
04-Feb-22	350	305	334
11-Feb-22	355	300	333
18-Feb-22	355	298	330
25-Feb-22	328	295	325
04-Mar-22	300	295	320
11-Mar-22	293	295	322
18-Mar-22	285	290	320
25-Mar-22	295	285	320
01-Apr-22	300	285	318
08-Apr-22	305	285	317
15-Apr-22	308	290	320
22-Apr-22	310	300	324
29-Apr-22	315	305	326
06-May-22	385	305	328
13-May-22	410	303	327
20-May-22	435	300	330
27-May-22	440	305	333
03-Jun-22		305	340
10-Jun-22		308	342
17-Jun-22		310	344
24-Jun-22		305	346
01-Jul-22		305	345
08-Jul-22		305	351
15-Jul-22		300	348
22-Jul-22		305	347
29-Jul-22		313	349
05-Aug-22		320	351
12-Aug-22		318	352
19-Aug-22		315	352
26-Aug-22		325	352
02-Sep-22		330	352
09-Sep-22		330	355
16-Sep-22		330	357
23-Sep-22		330	362
30-Sep-22		330	366
07-Oct-22		355	378
14-Oct-22		355	375
21-Oct-22		348	372
28-Oct-22		340	368
04-Nov-22		340	366
11-Nov-22		330	363
18-Nov-22		350	365
25-Nov-22		358	367
02-Dec-22		365	366
09-Dec-22		360	364
16-Dec-22		360	365
23-Dec-22		360	368
30-Dec-22		358	366

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 $50 ($430 to $440/tonne). Barley: Up $85 ($385 to $395/tonne). Maize: Steady ($395 to $405/tonne). Canola Meal: Up $5 ($560 to $570/tonne).
Cropping has continued at a good pace with favourable conditions allowing growers to get seeding back on track with approximately 75 per cent of the crop anticipated to have been sown
Both old and new crop wheat prices have had another strong week with indications that local buyers will need to get ahead of export parity pricing to ensure adequate supply at the back end of the year
Barley prices have also had a good week although it hasn’t seen the same highs as wheat prices although new crop selling remains extremely low at the moment
Canola prices have seen much more modest gains in the past week however they have recovered any losses from the record highs seen a few weeks ago