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Read grain data and statistics about the Darling Downs region.

Date DD '18 DD '17 DD '5YA
05-Jan-2018 330 235 309
12-Jan-2018 330 235 309
19-Jan-2018 330 235 309
26-Jan-2018 333 238 309
02-Feb-2018 335 240 310
09-Feb-2018 335 245 310
16-Feb-2018 340 248 310
23-Feb-2018 345 250 310
02-Mar-2018 345 255 311
09-Mar-2018 350 260 311
16-Mar-2018 345 260 311
23-Mar-2018 345 255 311
30-Mar-2018 345 250 311
06-Apr-2018 345 245 316
13-Apr-2018 355 245 316
20-Apr-2018 360 245 316
27-Apr-2018 365 245 316
04-May-2018 375 245 332
11-May-2018 385 245 332
18-May-2018 405 270 332
25-May-2018 410 265 332
01-Jun-2018 410 265 342
08-Jun-2018 410 273 342
15-Jun-2018 410 280 342
22-Jun-2018 420 295 342
29-Jun-2018 415 295 342
06-Jul-2018 415 325 347
13-Jul-2018 415 325 347
20-Jul-2018 420 325 347
27-Jul-2018 433 325 347
03-Aug-2018 445 320 342
10-Aug-2018 465 315 342
17-Aug-2018 475 310 342
24-Aug-2018 480 305 342
31-Aug-2018 465 305 342
07-Sep-2018 465 325 338
14-Sep-2018 465 335 338
21-Sep-2018 470 350 338
28-Sep-2018 475 345 338
05-Oct-2018 475 340 302
12-Oct-2018 480 335 302
19-Oct-2018 333 302
26-Oct-2018 330 302
02-Nov-2018 330 306
09-Nov-2018 333 306
16-Nov-2018 335 306
23-Nov-2018 340 306
30-Nov-2018 340 306
07-Dec-2018 335 305
14-Dec-2018 330 305
21-Dec-2018 330 305
28-Dec-2018 330 305

Grain Commentary

  • 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.

Notes:

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.

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