Report

North West Tasmania

Chart
Table

Date	Tas '21	Tas '20	Tas '5YA
08-Jan-21	385	455	389
15-Jan-21	395	460	389
22-Jan-21	400	460	389
29-Jan-21	405	465	389
05-Feb-21	410	455	372
12-Feb-21	405	450	372
19-Feb-21	403	450	372
26-Feb-21	400	450	372
05-Mar-21	398	445	368
12-Mar-21	395	440	368
19-Mar-21	395	445	368
26-Mar-21	385	475	368
02-Apr-21	385	480	374
09-Apr-21	385	490	374
16-Apr-21	395	490	374
23-Apr-21	405	490	374
30-Apr-21	420	475	374
07-May-21	420	470	383
14-May-21	420	465	383
21-May-21	420	460	383
28-May-21	425	455	383
04-Jun-21	420	455	393
11-Jun-21	420	445	393
18-Jun-21	420	435	393
25-Jun-21	415	425	393
02-Jul-21	420	415	396
09-Jul-21	420	425	396
16-Jul-21	415	435	396
23-Jul-21	420	440	396
30-Jul-21	425	440	396
06-Aug-21	430	430	388
13-Aug-21	440	420	414
20-Aug-21	450	405	414
27-Aug-21	455	400	414
03-Sep-21	450	400	389
10-Sep-21	450	395	389
17-Sep-21	445	400	389
24-Sep-21	448	403	389
01-Oct-21	450	405	402
08-Oct-21	455	405	402
15-Oct-21	465	415	402
22-Oct-21	463	415	402
29-Oct-21	460	415	402
05-Nov-21	460	415	395
12-Nov-21	465	395	395
19-Nov-21	490	395	395
26-Nov-21		395	383
03-Dec-21		390	375
10-Dec-21		380	375
17-Dec-21		385	375
24-Dec-21			375
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 $25 ($485 to $495/tonne). Barley: Up $15 ($400 to $410/tonne). Maize: Steady ($360 to $370/tonne). Canola Meal: Up $20 ($555 to $565/tonne).
Wheat markets were stronger over the last week due to support from offshore futures markets. With the cool spring, wheat crops were slow in ripening so quality may have been able to hold up despite the recent rain.
Barley values increased from strengthening wheat markets. End users are monitoring the spreads and relative feed value of feed barley vs feed wheat.
Canola prices continue to fluctuate due to offshore future changes and harvest selling starting to weigh on prices.