Report

South West Victoria

Chart
Table

Date	SW '20	SW '19	SW '5YA
10-Jan-20	335	410	301
17-Jan-20	340	405	301
24-Jan-20	350	405	301
31-Jan-20	350	405	301
07-Feb-20	340	400	299
14-Feb-20	335	395	299
21-Feb-20	335	385	299
28-Feb-20	335	370	299
06-Mar-20	330	370	294
13-Mar-20	325	375	294
20-Mar-20	325	380	294
27-Mar-20	360	370	294
03-Apr-20	365	370	294
10-Apr-20	375	365	294
17-Apr-20	375	375	294
24-Apr-20	375	380	294
01-May-20	360	375	303
08-May-20	355	365	303
15-May-20	350	360	303
22-May-20	345	375	303
29-May-20	340	405	303
05-Jun-20	340	400	319
12-Jun-20	330	395	319
19-Jun-20	320	395	319
26-Jun-20	310	400	319
03-Jul-20	300	395	326
10-Jul-20	310	390	326
17-Jul-20	320	380	326
24-Jul-20	325	370	326
31-Jul-20	325	380	326
07-Aug-20	315	375	318
14-Aug-20	305	365	318
21-Aug-20	290	365	318
28-Aug-20	285	365	318
04-Sep-20	285	375	322
11-Sep-20	260	380	322
18-Sep-20	265	390	316
25-Sep-20	270	440	316
02-Oct-20	275	445	344
09-Oct-20	275	445	344
16-Oct-20	285	445	344
23-Oct-20	295	445	344
30-Oct-20	305	445	344
06-Nov-20	300	445	331
13-Nov-20	270	445	331
20-Nov-20	265	345	331
27-Nov-20		345	331
04-Dec-20		320	312
11-Dec-20		325	312
18-Dec-20		330	312
25-Dec-20		330	312
27-Dec-19

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.

Grain Commentary

Wheat: Down $5 ($260 to $270/tonne). Barley: Down $5 ($210 to $220/tonne). Maize: Down $10 ($375 to $385/tonne). Canola Meal: Up $15 ($395 to $405/tonne).
The harvest continues to progress in northern Victoria and has also commenced in parts of southern Victoria this past week, with warmer days finishing off the crop for those yet to make a start.
Wheat markets softened a little this past week, as old crops have all but sold out, and new crops trading has not yet ramped up.
Barley prices firmed slightly this week as Victorian prices now are at export parity, based off prices seen in the latest Saudi tender.
Canola prices continue to remain surprisingly high given the expected production increase this season. Quality and oil have generally very good.

Notes:

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.