South West Victoria

Notes:

Grain Commentary

• Wheat: Up $5 ($300 to $310/tonne). Barley: Down $5 ($240 to $250/tonne). Maize: Down $20 ($305 to $315/tonne). Canola Meal: Down $60 ($435 to $445/tonne).
• Wheat prices have remained steady over the past week, however with some site prices sitting higher, interest has been sparked with some growers looking to clear warehoused tonnes.
• Barley values have also been steady, with small upwards and downwards price changes depending on the site. Many growers have shifted their focus from post-harvest selling to sowing preparation ahead of a traditional ANZAC day start.
• Canola prices have increased over the past week following a rise in offshore canola future markets.

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.