Report

South West Victoria

Chart
Table

Date	SW '21	SW '20	SW '5YA
08-Jan-21	295	335	310
15-Jan-21	305	340	310
22-Jan-21	310	350	310
29-Jan-21	310	350	310
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	305	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	321
02-Jul-21		300	323
09-Jul-21		310	323
16-Jul-21		320	323
23-Jul-21		325	323
30-Jul-21		325	323
06-Aug-21		315	317
13-Aug-21		305	317
20-Aug-21		290	317
27-Aug-21		285	317
03-Sep-21		285	316
10-Sep-21		260	316
17-Sep-21		265	316
24-Sep-21		270	316
01-Oct-21		275	344
08-Oct-21		275	344
15-Oct-21		285	344
22-Oct-21		295	344
29-Oct-21		305	344
05-Nov-21		300	331
12-Nov-21		270	331
19-Nov-21		265	331
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 ($305 to $315/tonne). Barley: Steady ($270 to $280/tonne). Maize: Steady ($310 to $320/tonne). Canola Meal: Up $10 ($480 to $490/tonne).
Recent weather has reportedly been favourable for crop development, with almost all areas of Victoria, except for pockets of the far northwest, seeing crop germination.
Wheat prices are remaining relatively strong, despite offshore values decreasing. Demand is kept at bay with reports suggestion many buyers are not looking to purchase within the short to medium term.
Barley prices continue to stay firm in the short term, in anticipation for an increase in demand. Barley reportedly continues to dominate the domestic feed ration, which is further supporting prices, while there is a lack of new crop selling.