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Gippsland


Date Gipps '21 Gipps '20 Gipps '5YA
08-Jan-21 295 365 335
15-Jan-21 305 370 335
22-Jan-21 310 370 335
29-Jan-21 315 360 335
05-Feb-21 320 350 334
12-Feb-21 315 345 334
19-Feb-21 313 345 334
26-Feb-21 310 345 334
05-Mar-21 308 340 330
12-Mar-21 305 335 330
19-Mar-21 305 340 330
26-Mar-21 295 370 330
02-Apr-21 295 375 337
09-Apr-21 295 385 337
16-Apr-21 305 385 337
23-Apr-21 315 385 337
30-Apr-21 330 370 337
07-May-21 330 365 342
14-May-21 330 360 342
21-May-21 330 355 342
28-May-21 335 350 342
04-Jun-21 330 350 352
11-Jun-21 330 340 352
18-Jun-21 330 330 352
25-Jun-21 325 320 352
02-Jul-21 330 310 354
09-Jul-21 330 320 354
16-Jul-21 325 330 354
23-Jul-21 330 335 354
30-Jul-21 335 335 354
06-Aug-21 340 325 347
13-Aug-21 350 315 360
20-Aug-21 360 300 360
27-Aug-21 365 295 360
03-Sep-21 360 295 345
10-Sep-21 360 290 345
17-Sep-21 355 295 345
24-Sep-21 358 300 345
01-Oct-21 360 305 350
08-Oct-21 365 305 350
15-Oct-21 375 325 350
22-Oct-21 373 325 350
29-Oct-21 370 325 350
05-Nov-21 370 325 344
12-Nov-21 375 305 344
19-Nov-21 400 305 344
26-Nov-21 410 305 363
03-Dec-21 420 300 334
10-Dec-21 290 340
17-Dec-21 295 340
24-Dec-21 340
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 ($415 to $425/tonne). Barley: Up $15 ($325 to $335/tonne). Maize: Up $5 ($355 to $365/tonne). Canola Meal: Up $5 ($470 to $480/tonne).
  • Most of Victoria has been able to make a start on harvest over the past week, with reports of yields and quality being above expectations. However, the recent rainfall events make have affected this.
  • Wheat pricing this week is a little weaker on the back of offshore softness and harvest moving forward locally, spreads between milling and feed grades have widened significantly.
  • Barley values are firmer than last week, with especially strong interest in the northwest and western VIC areas. Reports from harvest so far suggest that quality is high with estimates ranging from 50-70% of the crop going malt grade.
  • Canola markets have come under significant pressure in recent days as offshore futures have moved lower and local buyers look to deal with larger volumes being sold.

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