Read grain data and statistics about the Bega Valley region.
Wheat: Down $10 ($450 to $460/tonne). Barley: Down $20 ($450 to $460/tonne). Maize: Steady ($530 to $540/tonne). Canola Meal: Steady ($500 to $510/tonne).
- As expected, the stocks feed sector has again emerged as the key driver of grain markets in southern farming areas.
- So far this month trade activity has been low, with a number of buyers working through purchases made during the harvest period before looking to lock in additional tonnes (given prices still remain at near record levels).
- The ongoing movement of grain from WA to the East Coast is working to keep a lid on the East Coast.
- The vast majority of grain sorted in the bulk handling system has been sold by growers, meaning that buyers will need to turn their attention to the off-farm market in order to secure tonnes in the coming months.
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.