Report

Central West NSW


Date CW '20 CW '19 CW '5YA
10-Jan-20 390 380 307
17-Jan-20 400 380 307
24-Jan-20 400 375 307
31-Jan-20 400 375 307
07-Feb-20 395 370 303
14-Feb-20 385 355 303
21-Feb-20 380 345 303
28-Feb-20 380 330 303
06-Mar-20 375 320 291
13-Mar-20 365 320 291
20-Mar-20 375 325 291
27-Mar-20 395 325 291
03-Apr-20 415 320 299
10-Apr-20 430 315 299
17-Apr-20 420 310 299
24-Apr-20 410 310 299
01-May-20 390 300 292
08-May-20 370 280 292
15-May-20 360 275 292
22-May-20 345 290 292
29-May-20 335 310 292
05-Jun-20 325 320 300
12-Jun-20 315 330 300
19-Jun-20 305 335 300
26-Jun-20 305 345 300
03-Jul-20 305 340 306
10-Jul-20 310 330 306
17-Jul-20 320 320 306
24-Jul-20 320 320 306
31-Jul-20 325 320 306
07-Aug-20 325 330 309
14-Aug-20 315 335 309
21-Aug-20 310 345 309
28-Aug-20 305 350 309
04-Sep-20 310 350 304
11-Sep-20 250 360 304
18-Sep-20 245 365 304
25-Sep-20 245 370 304
02-Oct-20 245 370 318
09-Oct-20 240 370 318
16-Oct-20 245 370 318
23-Oct-20 360 318
30-Oct-20 350 318
06-Nov-20 350 307
13-Nov-20 355 307
20-Nov-20 355 307
27-Nov-20 360 307
04-Dec-20 370 303
11-Dec-20 370 303
18-Dec-20 380 303
25-Dec-20 380 303
27-Dec-19

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.

 

Commentary

  • Wheat: Up $5 ($240 to $250/tonne). Barley: Steady ($195 to $205/tonne). Maize: Down $5 ($350 to $360/tonne). Sorghum: Steady ($250 to $260/tonne).
  • The harvest has continued to progress across the state over the past week following continued warm and dry weather.
  • Forecasts are anticipating favourable harvest conditions with no significant rainfall predicted in the next two weeks.
  • Wheat prices have increased slightly, supported by strength in offshore markets, with minimal grower selling. Overall quality and protein levels remain high following ideal harvest conditions.
  • The past week has seen new crop barley values soften due to upward crop revisions in the states to the south. The potential higher yields may be used to meet any Queensland supply deficit.
  • Old crop sorghum prices firmed slightly this week with continued price support from a lack of grower selling, unfavourable weather forecasts and ongoing dry conditions leading to planting delays.

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


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