Read grain data and statistics about the Darling Downs region.
Wheat: Down $5 ($440 to $450/tonne). Barley: Down $5 ($405 to $415/tonne). Maize: Steady ($585 to $595/tonne). Sorghum: Down $5 ($385 to $395/tonne).
- In terms of production, all eyes remain on sorghum which is still in the ground. While significant rainfall has hit northern and central Queensland is hasn’t had any real impact or sorghum growing areas (at least for now).
- Given the current spread between wheat and feed barley in some locations it is expected that domestic buyers in these areas, including the feedlot sector, will shift some demand back from wheat to barley.
- However, it appears as though sorghum is not yet at a price which is seeing too much demand shift from wheat and barley to sorghum.
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.