Read grain data and statistics about the Darling Downs region.
- Wheat: Up $5 ($475 to $485/tonne). Barley: Down $5 ($450 to $460/tonne). Maize: Up $10 ($590 to $600/tonne). Sorghum: Down $10 ($420 to $430/tonne).
- Recent rainfall has taken some of the heat out of the markets in northern grain growing areas, and nearby regions.
- However, a lack of seller engagement continues to make for a lack of liquidity.
- In barley markets, with little stock currently sitting in seller hands and with there generally being a wide gap between buyer and seller price expectations, very little is trading.
- While sorghum markets have responded to recent weather more than wheat or barley there has still not been enough rainfall to be confident that a big sorghum crop can be grown this season.
- With harvest having commenced in central Queensland there will be some additional grain coming onto the market soon.
- However, given the size of this year’s crop and seller reluctance, it is not expected that grain will flow onto the market as readily as it has in other years.
- Looking ahead, it appears grain markets in these areas will continue to reflect the cost of grain in WA plus the cost of bringing it around, into the New Year.
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.