Report

Central West NSW

Chart
Table

Date	CW '22	CW '21	CW '5YA
07-Jan-22	290	245	275
14-Jan-22	280	250	279
21-Jan-22	280	255	280
28-Jan-22		255	280
04-Feb-22		255	279
11-Feb-22		260	281
18-Feb-22		255	277
25-Feb-22		250	272
04-Mar-22		248	266
11-Mar-22		245	267
18-Mar-22		245	265
25-Mar-22		235	263
01-Apr-22		235	263
08-Apr-22		235	262
15-Apr-22		240	264
22-Apr-22		245	265
29-Apr-22		260	268
06-May-22		255	267
13-May-22		260	266
20-May-22		265	272
27-May-22		275	277
03-Jun-22		270	281
10-Jun-22		270	285
17-Jun-22		270	289
24-Jun-22		265	293
01-Jul-22		265	294
08-Jul-22		265	300
15-Jul-22		265	296
22-Jul-22		275	296
29-Jul-22		278	298
05-Aug-22		280	300
12-Aug-22		283	303
19-Aug-22		285	305
26-Aug-22		295	307
02-Sep-22		295	305
09-Sep-22		295	306
16-Sep-22		300	311
23-Sep-22		303	315
30-Sep-22		305	318
07-Oct-22		305	322
14-Oct-22		310	321
21-Oct-22		313	320
28-Oct-22		315	318
04-Nov-22		315	314
11-Nov-22		305	311
18-Nov-22		305	310
25-Nov-22		313	311
02-Dec-22		320	311
09-Dec-22		315	311
16-Dec-22		300	304
23-Dec-22		300	308
30-Dec-22		295	307

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 $5 ($295 to $305/tonne). Barley: Up $5 ($225 to $235/tonne). Maize: Steady ($295 to $305/tonne). Sorghum: Up $5 ($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.