Read grain data and statistics about the South West Victoria region.
- Wheat: Up $5 ($260 to $270/tonne). Barley: Steady ($185 to $195/tonne). Maize: Steady ($435 to $445/tonne). Canola Meal: Steady ($355 to $365/tonne).
- Crop outlooks are favourable across Victoria and southern NSW, with forecast rainfall expected to enable crops to reach their full potential if it eventuates.
- Spot wheat and barley prices are still finding some support due to tight supplies and some buyers needing to get coverage before the new harvest.
- Forward wheat prices have softened during the week, whilst new crop barley prices remain steady.
- Grower forward selling has slowed across most commodities as production risk remains a factor leading into harvest time.
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.