Report

North Coast NSW

20 May 2020

Chart
Table

Date	N NSW '23	N NSW '22	N NSW '5YA
06-Jan-23	399	295	356
13-Jan-23	400	295	358
20-Jan-23	400	270	356
27-Jan-23	405	273	358
03-Feb-23	400	275	358
10-Feb-23	405	275	355
17-Feb-23	405	275	352
24-Feb-23	405	285	351
03-Mar-23	390	295	348
10-Mar-23	390	300	347
17-Mar-23	390	305	351
24-Mar-23	390	305	351
31-Mar-23	390	315	358
07-Apr-23	390	315	358
14-Apr-23	388	315	359
21-Apr-23	385	315	358
28-Apr-23	385	315	354
05-May-23	385	315	350
12-May-23	385	343	352
19-May-23	385	370	360
26-May-23	385	400	364
02-Jun-23	385	380	362
09-Jun-23	385	440	375
16-Jun-23	385	460	380
23-Jun-23	385	435	380
30-Jun-23	385	420	380
07-Jul-23	385	410	378
14-Jul-23	380	408	377
21-Jul-23	375	405	376
28-Jul-23	375	400	379
04-Aug-23	380	400	382
11-Aug-23	380	340	375
18-Aug-23	385	360	383
25-Aug-23	390	380	389
01-Sep-23	390	365	387
08-Sep-23	390	365	360
15-Sep-23	395	370	364
22-Sep-23	410	370	368
29-Sep-23	410	370	372
06-Oct-23	410	380	372
13-Oct-23	420	390	378
20-Oct-23	420	395	377
27-Oct-23	420	400	375
03-Nov-23	420	400	369
10-Nov-23	415	400	367
17-Nov-23	410	390	366
24-Nov-23	400	385	367
01-Dec-23		388	373
08-Dec-23		390	372
15-Dec-23		390	366
22-Dec-23		395	371
29-Dec-23		398	371

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: Down $10 ($395 to $405/tonne). Barley: Up $5 ($400 to $410/tonne). Maize: Up $10 ($460 to $470/tonne). Sorghum: Down $5 ($375 to $385/tonne).
Harvest continues to move south, with harvest in the northern part of the state mostly complete and the southern regions starting to focus on wheat. Harvest will be slowed down by the significant rainfall event forecast for the weekend and into next week.
Wheat prices were lower this week due to end users being covered into the new year and softer global prices earlier in the week. The high volumes of ASW1 harvested are keeping pressure on feed markets.
Barley prices were slightly stronger this week with Chinese demand providing support to the market.
Sorghum prices softened on the back of forecast rainfall which should see planting ramp up.