|Date||C SA '21||C SA '20||C SA '5YA|
Notes: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.
- Wheat: Down $5 ($295 to $305/tonne). Barley: Down $10 ($220 to $230/tonne). Maize: Steady ($375 to $385/tonne). Oats: Down $40 ($335 to $345/tonne).
- Following a week of fine and warm weather, the harvest has gained momentum.
- The quality of wheat crops is good so far, with reports suggesting APW and H2 standards are common.
- Barley crops have been impacted by strong winds over the past week, with some reports of up to 50% damage or 1.5 tonnes to the hectare. Barley prices increased slightly this week.
- Better than expected yields are seeing grower selling pick up, with harvest pressure likely to put some downward pressure on prices in coming weeks.
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.