Report

South West Victoria


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.


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