Report

Goulburn & Murray Valley

Chart
Table

Date	GV '21	GV '20	GV '5YA
08-Jan-21	280	360	308
15-Jan-21	290	365	308
22-Jan-21	300	360	308
29-Jan-21	293	365	308
05-Feb-21	285	355	303
12-Feb-21	290	350	303
19-Feb-21	290	350	303
26-Feb-21	290	350	303
05-Mar-21	300	345	297
12-Mar-21	310	340	297
19-Mar-21	310	345	297
26-Mar-21	295	365	297
02-Apr-21	265	375	302
09-Apr-21	265	385	302
16-Apr-21	270	390	302
23-Apr-21	280	390	302
30-Apr-21	300	375	302
07-May-21	295	370	308
14-May-21	300	365	308
21-May-21	305	360	308
28-May-21	310	355	308
04-Jun-21	310	355	317
11-Jun-21	310	350	317
18-Jun-21	310	345	317
25-Jun-21	300	335	317
02-Jul-21	300	325	318
09-Jul-21	305	325	318
16-Jul-21	295	335	318
23-Jul-21	305	340	318
30-Jul-21	308	340	318
06-Aug-21	310	330	313
13-Aug-21	320	325	313
20-Aug-21	330	310	313
27-Aug-21	345	305	313
03-Sep-21	345	305	314
10-Sep-21	345	300	314
17-Sep-21	340	305	314
24-Sep-21	340	293	314
01-Oct-21	340	280	323
08-Oct-21	340	280	323
15-Oct-21	345	290	323
22-Oct-21		295	327
29-Oct-21		305	327
05-Nov-21		300	321
12-Nov-21		275	321
19-Nov-21		275	321
26-Nov-21		275	321
03-Dec-21		275	312
10-Dec-21		270	312
17-Dec-21		260	312
24-Dec-21			312
31-Dec-21

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.

The grain report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain markets in each dairy region. This report is created using data provided by Profarmer Consulting. 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, Dairy Australia disclaims all liability to the fullest extent permitted by Australian law for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends all persons seek independent advice and, where appropriate, advice from a qualified advisor before making any decisions about changes to business strategy.

Commentary

Wheat: Down $5 ($335 to $345/tonne). Barley: Down $5 ($255 to $265/tonne). Maize: Steady ($315 to $325/tonne). Canola Meal: Steady ($480 to $490/tonne).
Wheat values have softened as offshore future markets weaken and local production stabilises.
New crop barley values have been steady throughout the last week with a lack of new crop selling. Old crop barley has also remained steady.
Canola markets have remained relatively stable during the past week despite some likely upcoming harvest selling pressure. Exporters are the main supporters of the market currently.