Report

South West Victoria

Chart
Table

Date	SW '22	SW '21	SW '5YA
07-Jan-22	355	295	302
14-Jan-22	360	305	303
21-Jan-22	355	310	302
28-Jan-22	355	310	302
04-Feb-22	355	310	301
11-Feb-22	350	310	303
18-Feb-22	350	308	302
25-Feb-22	355	305	298
04-Mar-22	360	308	296
11-Mar-22	360	310	298
18-Mar-22	360	310	299
25-Mar-22	370	270	290
01-Apr-22	370	288	288
08-Apr-22	375	305	292
15-Apr-22	380	310	293
22-Apr-22	385	310	296
29-Apr-22	390	310	300
06-May-22	405	310	300
13-May-22	440	310	302
20-May-22	475	310	305
27-May-22	480	310	306
03-Jun-22	465	310	314
10-Jun-22	470	310	316
17-Jun-22	470	310	317
24-Jun-22	465	310	321
01-Jul-22	445	315	322
08-Jul-22	425	310	326
15-Jul-22	418	315	326
22-Jul-22	410	325	323
29-Jul-22	405	328	322
05-Aug-22	415	330	323
12-Aug-22		333	326
19-Aug-22		335	324
26-Aug-22		340	322
02-Sep-22		340	319
09-Sep-22		340	323
16-Sep-22		335	325
23-Sep-22		335	333
30-Sep-22		335	340
07-Oct-22		340	350
14-Oct-22		345	349
21-Oct-22		340	347
28-Oct-22		335	345
04-Nov-22		335	345
11-Nov-22		340	346
18-Nov-22		340	344
25-Nov-22		353	325
02-Dec-22		365	326
09-Dec-22		370	323
16-Dec-22		360	321
23-Dec-22		360	322
30-Dec-22		358	321

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 $10 ($410 to $420/tonne). Barley: Up $5 ($370 to $380/tonne). Maize: Steady ($465 to $475/tonne). Canola Meal: Steady ($575 to $585/tonne).
Victoria’s cropping regions have experienced another week of favourable conditions.
Wheat values are mostly steady on last week, with demand a little more subdued this week, taking the lead from some softening in offshore indicator prices.
Barley prices are also steady to slightly lower, with demand a little more subdued than those who are holding grain to sell would like. Demand from their customers has slowed down for stock feed processing and dairy’s that have dried off cows are also slow on demand.
Canola values remain hugely volatile, after having a great week until yesterday, futures values dropped sharply and local values adjusting accordingly.