Read grain data and statistics about the South East South Australia region.
- Wheat: Down $5 ($375 to $385/tonne). Barley: Down $5 ($320 to $330/tonne). Maize: Steady ($540 to $550/tonne). Canola Meal: Steady ($415 to $425/tonne).
- Prices in SA have taken a backward step over the past week, despite the price support seen in offshore markets.
- As has been the case in the eastern states trade activity has been slow, with buyers certainly not wanting to bid up the market.
- The current discount from wheat to barley) suggests that when buyers come back into the market, they will target barley over wheat (if they have the option to do so).
- While the bulk of the grain that will move into the eastern states this year will come from WA some will still come from SA. Given this any pickup in demand on the East Coast is likely to have some impact on price and/or liquidity in SA too.
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.