Report

North Coast NSW

Chart
Table

Date	N NSW '22	N NSW '21	N NSW '5YA
07-Jan-22	295	265	318
14-Jan-22	295	275	321
21-Jan-22		280	324
28-Jan-22		285	325
04-Feb-22		290	326
11-Feb-22		285	326
18-Feb-22		283	323
25-Feb-22		280	320
04-Mar-22		278	317
11-Mar-22		275	317
18-Mar-22		280	316
25-Mar-22		265	313
01-Apr-22		265	313
08-Apr-22		265	312
15-Apr-22		270	313
22-Apr-22		270	313
29-Apr-22		270	313
06-May-22		270	313
13-May-22		275	314
20-May-22		280	319
27-May-22		275	318
03-Jun-22		270	321
10-Jun-22		270	327
17-Jun-22		270	332
24-Jun-22		285	341
01-Jul-22		295	341
08-Jul-22		295	343
15-Jul-22		295	342
22-Jul-22		295	339
29-Jul-22		295	340
05-Aug-22		295	343
12-Aug-22		305	349
19-Aug-22		315	354
26-Aug-22		315	354
02-Sep-22		315	352
09-Sep-22		310	352
16-Sep-22		320	358
23-Sep-22		325	363
30-Sep-22		330	367
07-Oct-22		325	369
14-Oct-22		325	365
21-Oct-22		323	361
28-Oct-22		320	358
04-Nov-22		310	352
11-Nov-22		305	351
18-Nov-22		305	350
25-Nov-22		313	354
02-Dec-22		320	353
09-Dec-22		315	355
16-Dec-22		300	348
23-Dec-22		300	351
30-Dec-22		298	351

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: Up $10 ($315 to $325/tonne). Barley: Steady ($250 to $260/tonne). Maize: Steady ($295 to $305/tonne). Sorghum: Steady ($290 to $300/tonne).
There was a cooler change leading into this week, after warm and dry conditions. There are reports that soil moisture conditions are deteriorating across much of the state.
Old crop and new crop wheat values are continuing their convergence with new crop values weakening. Local feed user interest remains focused upon the lower valued new crop market.
Barley supply is sparse but will pick up as harvest commences. New crop values are moving in tandem with wheat and are pressured by increased production estimates.
Old crop cereals and canola are finding patchy demand for the October delivery period, but end users are looking to stretch coverage until new crop comes off.