Report

South West Victoria

Chart
Table

Date	SW '21	SW '20	SW '5YA
08-Jan-21	295	335	308
15-Jan-21	305	340	308
22-Jan-21	310	350	308
29-Jan-21	310	350	308
05-Feb-21	310	340	307
12-Feb-21	310	335	307
19-Feb-21	308	335	307
26-Feb-21	305	335	307
05-Mar-21	308	330	302
12-Mar-21	310	325	302
19-Mar-21	310	330	302
26-Mar-21	270	360	302
02-Apr-21	288	365	308
09-Apr-21	305	375	308
16-Apr-21	310	375	308
23-Apr-21	310	375	308
30-Apr-21	310	360	308
07-May-21	310	355	314
14-May-21	310	350	314
21-May-21	310	345	314
28-May-21	310	340	314
04-Jun-21	310	340	321
11-Jun-21	310	330	321
18-Jun-21	310	320	321
25-Jun-21	310	310	321
02-Jul-21	315	300	323
09-Jul-21	310	310	323
16-Jul-21	315	320	323
23-Jul-21	325	325	323
30-Jul-21	328	325	323
06-Aug-21	330	315	317
13-Aug-21	333	305	332
20-Aug-21	335	290	332
27-Aug-21	340	285	332
03-Sep-21	340	285	316
10-Sep-21	340	260	316
17-Sep-21	335	265	316
24-Sep-21	335	270	316
01-Oct-21	335	275	338
08-Oct-21	340	275	338
15-Oct-21	345	285	338
22-Oct-21	340	295	338
29-Oct-21	335	305	338
05-Nov-21	335	300	323
12-Nov-21	340	270	323
19-Nov-21	340	265	323
26-Nov-21		260	331
03-Dec-21		260	312
10-Dec-21		260	312
17-Dec-21		280	312
24-Dec-21			312
31-Dec-21

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: Steady ($335 to $345/tonne). Barley: Down $5 ($275 to $285/tonne). Maize: Steady ($350 to $360/tonne). Canola Meal: Up $20 ($450 to $460/tonne).
Harvest is trying to resume in areas of New South Wales, Victoria, and South Australia that have experienced heavy rainfall.
Wheat markets were stronger over the last week due to support from offshore futures markets. With the cool spring, wheat crops were slow in ripening so quality may have been able to hold up despite the recent rain.
Barley values increased from strengthening wheat markets. End users are monitoring the spreads and relative feed value of feed barley vs feed wheat.
Canola prices continue to fluctuate due to offshore future changes and harvest selling starting to weigh on prices.