Read grain data and statistics about the Darling Downs region.
- Wheat: Up $20 ($455 to $465/tonne). Barley: Up $15 ($400 to $410/tonne). Maize: Up $10 ($575 to $585/tonne). Sorghum: Up $5 ($440 to $450/tonne).
- Covid-19 measures may see logistics issues which might impact on markets.
- Wheat markets firmed over the past week, but there is little still left in grower hands.
- We may see a slight increase in demand from the milling sector, but upside in feed use demand is more limited.
- Barley also found a firmer tone over the past week, despite some feedlots deferring deliveries due to a lack of cattle numbers.
- Sellers remain reluctant to commit to Mar/Apr delivered prices in case the transfer period is missed.
- Prices for June delivery firmed during the week, but still remain heavily discounted to prompt delivered prices.
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.