Read grain data and statistics about the North Coast New South Wales region.
Wheat: Up $20 ($370 to $380/tonne). Barley: Up $20 ($385 to $395/tonne). Maize: Up $10 ($550 to $560/tonne). Sorghum: Up $5 ($365 to $375/tonne).
- Although offshore and local factors have combined to push prices higher, the pickup in market activity has been less than areas further south and west.
- The increase in wheat market activity has been a tad more pronounced than barley.
- The marginal production prospects in these areas also means that many of those still holding grain are reluctant to sell. This has made for a scarce offer side.
- While the weather outlook is pointing towards some rainfall in the next week or so, grain markets are not taking too much confidence from these forecasts.
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.