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Read grain data and statistics about the South West Victoria region.

Date SW VIC Wheat '17 SW VIC Wheat '16
06-Jan-2017 225
13-Jan-2017 220 310
20-Jan-2017 215 315
27-Jan-2017 315
03-Feb-2017 210 315
10-Feb-2017 220 310
17-Feb-2017 225
24-Feb-2017 220 310
03-Mar-2017 225 300
10-Mar-2017 225 295
24-Mar-2017 225 300
31-Mar-2017 210
07-Apr-2017 210 285
21-Apr-2017 205 285
28-Apr-2017 210 295
12-May-2017 220 290
19-May-2017 220 300
26-May-2017 220 300
02-Jun-2017 230 290
16-Jun-2017 240 295
23-Jun-2017 260 295
30-Jun-2017 260 290
07-Jul-2017 295 285
14-Jul-2017 300
21-Jul-2017 275
28-Jul-2017 275 265
04-Aug-2017 265 265
11-Aug-2017 260
18-Aug-2017 250 260
25-Aug-2017 245 260
01-Sep-2017 240 250
08-Sep-2017 250 240
15-Sep-2017 255 240
22-Sep-2017 270

Grain commentary

  • September rainfall: 112 mm (Avg: 87.2 mm)
  • Rainfall year to date: 641 mm (Avg: 642.7 mm)
  • Wheat: +$15 ($265 to $275/tonnes). Prices increased this week due to frost and drought concerns in New South Wales. Locally supply is abundant and the new crop outlook positive.
  • Barley: +$5 ($245 to $255/tonnes). Not working into dairy rations at this price differential.
  • Corn: +$10 ($335 to $345/tonnes). Prices increased in line with previous expectation as a result of the strong wheat market.
  • Canola Meal: Steady ($420 to $430/tonnes). Availability continues to be an issue, old crop prices increased due to dry domestic conditions and limited supply. New crop prices are trading at around a $40 discount. 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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