Read grain data and statistics about the South West Western Australia region.
- Wheat: Steady ($255 to $265/tonne). Barley: Down $10 ($280 to $290/tonne). Triticale: Steady ($355 to $365/tonne). Oats: Steady ($375 to $385/tonne).
- Conditions remain relatively dry across the WA grain belt with only patchy showers seen over the past week and the forecast for next week suggests similar conditions will continue. Thankfully most soil profiles will be holding moisture from a wet July, however good rainfall is needed to achieve average yields come harvest.
- The market for old crop wheat remains firmer than last year as demand from the Eastern states continues. Many growers appear to be reluctant to sell in light of crop delays and limited rainfall. Spring rainfall is needed to ensure a softer entry into the new crop market.
- New crop barley prices have slightly softened since last week but are still trading at a premium to old crop wheat.
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.