Report

Darling Downs


Date DD '21 DD '20 DD '5YA
08-Jan-21 300 440 354
15-Jan-21 310 450 354
22-Jan-21 310 460 354
29-Jan-21 310 460 354
05-Feb-21 310 455 352
12-Feb-21 310 450 352
19-Feb-21 445 352
26-Feb-21 445 352
05-Mar-21 440 345
12-Mar-21 430 345
19-Mar-21 440 345
26-Mar-21 460 345
02-Apr-21 480 353
09-Apr-21 495 353
16-Apr-21 485 353
23-Apr-21 490 353
30-Apr-21 470 353
07-May-21 450 354
14-May-21 440 354
21-May-21 425 354
28-May-21 415 354
04-Jun-21 405 354
11-Jun-21 395 354
18-Jun-21 390 354
25-Jun-21 385 354
02-Jul-21 385 356
09-Jul-21 390 356
16-Jul-21 400 356
23-Jul-21 400 356
30-Jul-21 405 356
06-Aug-21 405 361
13-Aug-21 395 361
20-Aug-21 390 361
27-Aug-21 385 361
03-Sep-21 345 355
10-Sep-21 335 355
17-Sep-21 330 355
24-Sep-21 323 355
01-Oct-21 315 356
08-Oct-21 305 356
15-Oct-21 310 356
22-Oct-21 310 356
29-Oct-21 315 356
05-Nov-21 310 349
12-Nov-21 300 349
19-Nov-21 300 349
26-Nov-21 305 349
03-Dec-21 300 348
10-Dec-21 300 348
17-Dec-21 295 348
24-Dec-21 348
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.

 

Commentary

  • Wheat: Down $10 ($295 to $305/tonne). Barley: Down $10 ($250 to $260/tonne). Maize: Steady ($375 to $385/tonne). Sorghum: Steady ($340 to $350/tonne).
  • Queensland weather has remained relatively favourable and warm, allowing the harvest to progress. The harvest is now entering its final stages across southern Queensland.
  • Local wheat markets have weakened as the central and southern New South Wales harvest commences and the AUD strengthens.
  • The likelihood of a significant New South Wales crop has increased following favourable weather forecasts. This has seen barley prices trend downwards in recent weeks.
  • Old crop sorghum prices continue to be elevated, with demand to meet Chinese container interest the key demand driver.
  • Chickpea prices continue to decline rapidly as sizeable volumes enter the pipeline from northern New South Wales and international demand remains subdued.

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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