Darling Downs
Report

Darling Downs


Date DD '20 DD '19 DD '5YA
10-Jan-20 440 460 330
17-Jan-20 450 455 330
24-Jan-20 460 450 330
31-Jan-20 460 450 330
07-Feb-20 455 445 326
14-Feb-20 450 435 326
21-Feb-20 445 425 326
28-Feb-20 445 415 326
06-Mar-20 440 410 320
13-Mar-20 430 410 320
20-Mar-20 430 415 320
27-Mar-20 460 415 320
03-Apr-20 480 415 322
10-Apr-20 495 410 322
17-Apr-20 485 405 322
24-Apr-20 490 405 322
01-May-20 470 395 331
08-May-20 450 375 331
15-May-20 440 370 331
22-May-20 425 375 331
29-May-20 415 385 331
05-Jun-20 405 383 343
12-Jun-20 395 380 343
19-Jun-20 390 390 343
26-Jun-20 385 390 343
03-Jul-20 385 385 349
10-Jul-20 390 375 349
17-Jul-20 400 365 349
24-Jul-20 400 365 349
31-Jul-20 405 365 349
07-Aug-20 405 375 350
14-Aug-20 395 375 350
21-Aug-20 390 385 350
28-Aug-20 385 390 350
04-Sep-20 345 390 354
11-Sep-20 335 410 354
18-Sep-20 330 415 355
25-Sep-20 323 420 355
02-Oct-20 315 420 356
09-Oct-20 305 420 356
16-Oct-20 310 420 356
23-Oct-20 310 410 356
30-Oct-20 315 400 356
06-Nov-20 400 349
13-Nov-20 405 349
20-Nov-20 410 349
27-Nov-20 415 349
04-Dec-20 425 348
11-Dec-20 425 348
18-Dec-20 435 348
25-Dec-20 435 348
27-Dec-19

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.

 

Commentary

  • Wheat: Up $5 ($305 to $315/tonne). Barley: Steady ($250 to $260/tonne). Maize: Steady ($385 to $395/tonne). Sorghum: Steady ($315 to $325/tonne).
  • The harvest has continued to progress across the state over the past week following continued warm and dry weather.
  • Forecasts are anticipating favourable harvest conditions with no significant rainfall predicted in the next two weeks.
  • Wheat prices have increased slightly, supported by strength in offshore markets, with minimal grower selling. Overall quality and protein levels remain high following ideal harvest conditions.
  • The past week has seen new crop barley values soften due to upward crop revisions in the states to the south. The potential higher yields may be used to meet any Queensland supply deficit.
  • Old crop sorghum prices firmed slightly this week with continued price support from a lack of grower selling, unfavourable weather forecasts and ongoing dry conditions leading to planting delays.

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.


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