|Date||DD '21||DD '20||DD '5YA|
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.
- Wheat: Up $5 ($290 to $300/tonne). Barley: Up $5 ($260 to $270/tonne). Maize: Down $15 ($350 to $360/tonne). Sorghum: Steady ($295 to $305/tonne).
- Despite recent rain, wheat prices have seen a slight increase over the past week, supported by southern port prices and offshore markets.
- There was minimal change to barley prices the past week amidst limited trading activity. Barley maintains its attraction against competing feed grains, from a price relativity perspective.
- Sorghum markets remain firm due to harvest delays and escalating quality issues following recent rain. Yield potential for later planted crops is expected to benefit from this rain with northwest New South Wales crops reportedly in good condition.
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.