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Read grain data and statistics about the Goulburn and Murray Valley regions.

Date GV VIC Wheat '17 GV VIC Wheat '16
06-Jan-2017 220
13-Jan-2017 215 280
20-Jan-2017 210 285
27-Jan-2017 290
03-Feb-2017 210 285
10-Feb-2017 215 280
17-Feb-2017 220
24-Feb-2017 215 280
03-Mar-2017 220 275
10-Mar-2017 225 265
24-Mar-2017 220 270
31-Mar-2017 210
07-Apr-2017 210 255
21-Apr-2017 205 255
28-Apr-2017 205 265
12-May-2017 210 270
19-May-2017 215 280
26-May-2017 215 285
02-Jun-2017 215 285
16-Jun-2017 230 285
23-Jun-2017 250 285
30-Jun-2017 255 285
07-Jul-2017 290 280
14-Jul-2017 295
21-Jul-2017 270
28-Jul-2017 270 260
04-Aug-2017 260 260
11-Aug-2017 255
18-Aug-2017 240 255
25-Aug-2017 240 255
01-Sep-2017 235 245
08-Sep-2017 245 235
15-Sep-2017 250 235
22-Sep-2017 265

Grain commentary

  • September rainfall: 5.9 mm (Avg: 43.7 mm)
  • Rainfall year to date: 283 mm (Avg: 354.7 mm)
  • Wheat: +$15 ($260 to $270/tonnes). Prices rallied this week as a result of increasing new crop issues. Still plenty of grain around but the strength of the new season pricing is incentivising growers to hold old crop.
  • Barley: +$5 ($240 to $250/tonnes). The spread opened up slightly this week but supply remains tight.
  • Corn: +$10 ($275 to $285/tonnes). Prices increased in line with previous expectation as a result of the strong wheat market.
  • Canola Meal: Steady ($390 to $400/tonnes). Availability continues to be an issue, old crop prices increased due to dry domestic conditions and limited supply. The global soybean meal complex is driving new crop price. Reports suggest there may be some good buying opportunity in the next month.

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.

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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