North West Tasmania

Notes:

Grain Commentary

• Wheat: Up $10 ($390 to $400/tonne). Barley: Up $10 ($345 to $355/tonne). Maize: Steady ($315 to $325/tonne). Canola Meal: Up $50 ($590 to $600/tonne).
• Wheat prices have increased this past week, due to a slight depreciation of the AUD and recent gains in international futures markets.
• Barley prices increased slightly this week, due to strong ongoing demand.
• Canola prices also grew this week, reaching the rally highs of a month ago in new crop.

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.