Report

South East SA

20 May 2020

Chart
Table

Date	SE '23	SE '22	SE '5YA
06-Jan-23	376	355	322
13-Jan-23	375	340	325
20-Jan-23	375	340	325
27-Jan-23	365	345	327
03-Feb-23	365	350	325
10-Feb-23	370	360	325
17-Feb-23	388	365	325
24-Feb-23	405	370	324
03-Mar-23	410	375	322
10-Mar-23	410	385	324
17-Mar-23	413	400	336
24-Mar-23	415	400	336
31-Mar-23	400	395	337
07-Apr-23	400	400	337
14-Apr-23	403	405	341
21-Apr-23	405	410	344
28-Apr-23	385	415	344
05-May-23	375	435	345
12-May-23	378	460	348
19-May-23	380	485	355
26-May-23	370	495	354
02-Jun-23	375	495	361
09-Jun-23	390	485	359
16-Jun-23	388	490	360
23-Jun-23	385	480	356
30-Jun-23	385	460	353
07-Jul-23	380	450	352
14-Jul-23	373	440	349
21-Jul-23	365	430	350
28-Jul-23	385	430	353
04-Aug-23	385	420	352
11-Aug-23	385	415	353
18-Aug-23	393	425	356
25-Aug-23	400	435	358
01-Sep-23	395	425	355
08-Sep-23	400	415	352
15-Sep-23	405	400	349
22-Sep-23	410	408	356
29-Sep-23	408	415	362
06-Oct-23	405	415	365
13-Oct-23	400	425	367
20-Oct-23	400	435	368
27-Oct-23	390	430	366
03-Nov-23	385	428	360
10-Nov-23	385	425	359
17-Nov-23	385	430	360
24-Nov-23	380	435	364
01-Dec-23		415	359
08-Dec-23		395	354
15-Dec-23		370	347
22-Dec-23		380	346
29-Dec-23		378	346

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 $5 ($375 to $385/tonne). Barley: Steady ($325 to $335/tonne). Maize: Steady ($440 to $450/tonne). Canola Meal: Steady ($605 to $615/tonne).
The past week has seen rainfall in the western growing areas, with the far west of Eyre Peninsula receiving between 10-30mm. The 8-day forecast shows significant falls across most of the east of the state which will hinder harvest progress.
Wheat prices were even to slightly lower this week, as softer offshore future markets and harvest pressure weighed on the market.
Barley prices were mostly steady over the past week, although harvest pressure continues to build.
Lentil bids were slightly firmer despite the stronger Australian Dollar.