Report

North West Tasmania

Chart
Table

Date	Tas '22	Tas '21	Tas '5YA
07-Jan-22	470	385	361
14-Jan-22	470	395	364
21-Jan-22	470	400	364
28-Jan-22	468	405	364
04-Feb-22	465	410	364
11-Feb-22	455	405	365
18-Feb-22	455	403	363
25-Feb-22	458	400	360
04-Mar-22	460	398	356
11-Mar-22	468	395	358
18-Mar-22	475	395	358
25-Mar-22	485	385	355
01-Apr-22	490	385	352
08-Apr-22	490	385	351
15-Apr-22	498	395	354
22-Apr-22	505	405	358
29-Apr-22	510	420	365
06-May-22	525	420	370
13-May-22	558	420	371
20-May-22	590	420	374
27-May-22	590	425	377
03-Jun-22		420	383
10-Jun-22		420	386
17-Jun-22		420	388
24-Jun-22		415	391
01-Jul-22		420	392
08-Jul-22		420	398
15-Jul-22		415	396
22-Jul-22		420	392
29-Jul-22		425	391
05-Aug-22		430	392
12-Aug-22		440	396
19-Aug-22		450	395
26-Aug-22		455	395
02-Sep-22		450	391
09-Sep-22		450	395
16-Sep-22		445	396
23-Sep-22		448	404
30-Sep-22		450	407
07-Oct-22		455	413
14-Oct-22		465	413
21-Oct-22		463	412
28-Oct-22		460	410
04-Nov-22		460	409
11-Nov-22		465	410
18-Nov-22		490	413
25-Nov-22		500	415
02-Dec-22		510	415
09-Dec-22		505	410
16-Dec-22		495	408
23-Dec-22		475	404
30-Dec-22		473	404

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 $65 ($585 to $595/tonne). Barley: Up $40 ($540 to $550/tonne). Maize: Up $35 ($480 to $490/tonne). Canola Meal: Up $10 ($680 to $690/tonne).
Cropping has continued at a good pace with favourable conditions allowing growers to get seeding back on track with approximately 75 per cent of the crop anticipated to have been sown
Both old and new crop wheat prices have had another strong week with indications that local buyers will need to get ahead of export parity pricing to ensure adequate supply at the back end of the year
Barley prices have also had a good week although it hasn’t seen the same highs as wheat prices although new crop selling remains extremely low at the moment
Canola prices have seen much more modest gains in the past week however they have recovered any losses from the record highs seen a few weeks ago