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Read grain data and statistics about the Darling Downs region.

Date SE QLD Wheat '18 SE QLD Wheat '17
05-Jan-2018 330 235
12-Jan-2018 330 235
19-Jan-2018 330 235
26-Jan-2018 332.5 237.5
02-Feb-2018 335 240
09-Feb-2018 335 245
16-Feb-2018 340 250
23-Feb-2018 345 250
02-Mar-2018 345 255
09-Mar-2018 350 260
16-Mar-2018 345 257.5
23-Mar-2018 345 255
30-Mar-2018 345 250
06-Apr-2018 345 245
13-Apr-2018 355 245
20-Apr-2018 360 245
27-Apr-2018 365 245
04-May-2018 375 245
11-May-2018 385 245
18-May-2018 405 270
25-May-2018 410 265
01-Jun-2018 410 265
08-Jun-2018 410 272.5
15-Jun-2018 410 280
22-Jun-2018 420 295
29-Jun-2018 415 295
06-Jul-2018 415 325
13-Jul-2018 415 325
20-Jul-2018 420 325
27-Jul-2018 432.5 325
03-Aug-2018 445 320
10-Aug-2018 465 315
17-Aug-2018 475 310
24-Aug-2018 305
31-Aug-2018 305
07-Sep-2018 325
14-Sep-2018 335
21-Sep-2018 350
28-Sep-2018 345
05-Oct-2018 340
12-Oct-2018 335
19-Oct-2018 332.5
26-Oct-2018 330
02-Nov-2018 330
09-Nov-2018 332.5
16-Nov-2018 335
23-Nov-2018 340
30-Nov-2018 340
07-Dec-2018 335
14-Dec-2018 330
21-Dec-2018 330
28-Dec-2018

Grain Commentary

  • Wheat: Up $10 ($470 to $480/tonne). Barley: Up $10 ($455 to $465/tonne). Maize: Up $60 ($490 to $500/tonne). Sorghum: Up $10 ($410 to $420/tonne).
  • In the north eastern areas of the country grain markets are increasingly taking a lead from WA and SA, given the tight domestic stocks situation still in play here.
  • Given the weakness we have seen in offshore markets over the past week this has meant grain values in these areas have been steadier than recent weeks.
  • Despite the fact that one would expect current prices to reduce some demand here, this does not seem to have been the case, at least at present.
  • Looking forward sorghum markets will be one space to watch. If we see some late spring and summer rainfall then this could take some of the heat out of this market however a lack of such rainfall would likely keep this market at least where it is at present.

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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