Report

Gippsland


Date Gipps '20 Gipps '19 Gipps '5YA
10-Jan-20 365 465 333
17-Jan-20 370 460 333
24-Jan-20 370 460 333
31-Jan-20 360 460 333
07-Feb-20 350 455 330
14-Feb-20 345 450 330
21-Feb-20 345 440 330
28-Feb-20 345 425 330
06-Mar-20 340 425 324
13-Mar-20 335 430 324
20-Mar-20 335 435 324
27-Mar-20 370 425 324
03-Apr-20 375 425 325
10-Apr-20 385 415 325
17-Apr-20 385 425 325
24-Apr-20 385 430 325
01-May-20 370 425 333
08-May-20 365 415 333
15-May-20 360 410 333
22-May-20 355 425 333
29-May-20 350 455 333
05-Jun-20 350 453 351
12-Jun-20 340 450 351
19-Jun-20 330 450 351
26-Jun-20 320 455 351
03-Jul-20 310 450 360
10-Jul-20 320 445 360
17-Jul-20 330 435 360
24-Jul-20 335 425 360
31-Jul-20 335 425 360
07-Aug-20 325 420 353
14-Aug-20 315 410 353
21-Aug-20 300 410 353
28-Aug-20 295 410 353
04-Sep-20 295 420 351
11-Sep-20 290 425 351
18-Sep-20 295 435 345
25-Sep-20 300 365 345
02-Oct-20 305 370 355
09-Oct-20 305 370 355
16-Oct-20 325 370 355
23-Oct-20 325 370 355
30-Oct-20 325 370 355
06-Nov-20 370 349
13-Nov-20 370 349
20-Nov-20 370 349
27-Nov-20 365 349
04-Dec-20 345 340
11-Dec-20 350 340
18-Dec-20 355 340
25-Dec-20 355 340
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: Steady ($320 to $330/tonne). Barley: Down $5 ($245 to $255/tonne). Maize: Steady ($395 to $405/tonne). Canola Meal: Steady ($365 to $375/tonne).
  • Rainfall and cool conditions over the last couple of weeks could potentially see yields increase by 20% to 30%.
  • Wheat prices firmed in the past week due to strength in offshore future markets.
  • Barley prices also increased as concerns about a wet harvest slowed selling.
  • Canola prices softened over the past week with offshore future prices proving to be the main driver of this.

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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