Read grain data and statistics about the South West Western Australia region.
- Wheat: Down $5 ($350 to $360/tonne). Barley: Steady ($365 to $375/tonne). Triticale: Steady ($405 to $415/tonne). Oats: Steady ($315 to $325/tonne).
- In WA wheat markets have come back slightly over the past week, however the market remains very high in a historical context.
- However, despite rain on the east coast barley prices have held up relatively well.
- While the production potential of crops in WA has gone backwards recently, WA is still looking at an above average year of grain production.
- Despite the need for the east coast to import grain from WA over the coming 12 months, grain from WA will still need to find its way into export markets.
- While some of this grain will go to the export customers with inelastic/inflexible demand, other grain will need to price itself into market which are more price sensitive.
- Hence offshore markets will continue to have an impact on grain markets in WA over the coming season.
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.