Read grain data and statistics about the Darling Downs region.
- Wheat: Down $5 ($325 to $335/tonne). Barley: Up $10 ($275 to $285/tonne). Maize: Steady ($385 to $395/tonne). Sorghum: Down $10 ($305 to $315/tonne).
- Yield potential is declining as a lack of rain and warmer weather persists.
- Showers across parts of the western Downs provided finishing rains for winter crops and will improve soil moisture for summer crops.
- Spot cereal prices have mainly been softer as buyers appear to be covered until harvest time.
- Forward wheat prices are weaker due to the surplus of grain expected in NSW, which will fill any deficit in QLD.
- The barley harvest has started in parts of western Downs and northern NSW, with new crop prices a touch higher as barley is the cheaper feed option to wheat.
- Sorghum prices remain supported by international demand.
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.