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	278	255	280
04-Feb-22	275	255	279
11-Feb-22	285	260	281
18-Feb-22	280	255	277
25-Feb-22	288	250	272
04-Mar-22	295	248	266
11-Mar-22	300	245	267
18-Mar-22	305	245	265
25-Mar-22	305	235	263
01-Apr-22	315	235	263
08-Apr-22	310	235	262
15-Apr-22	350	240	264
22-Apr-22	390	245	265
29-Apr-22	390	260	268
06-May-22	400	255	267
13-May-22	425	260	266
20-May-22	450	265	272
27-May-22	460	275	277
03-Jun-22	445	270	281
10-Jun-22	445	270	285
17-Jun-22	450	270	289
24-Jun-22	440	265	293
01-Jul-22	420	265	294
08-Jul-22	420	265	300
15-Jul-22	415	265	296
22-Jul-22	410	275	296
29-Jul-22	405	278	298
05-Aug-22	410	280	300
12-Aug-22	380	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: Down $30 ($375 to $385/tonne). Barley: Up $60 ($365 to $375/tonne). Maize: Down $30 ($385 to $395/tonne). Sorghum: Up $5 ($320 to $330/tonne).
Weather has remained generally fine across most grain producing areas over the past week.
Following prior warmer conditions to Friday, a westerly system provided upwards of 15mm of rain across parts of southern QLD and northern NSW.
Old crop wheat bids remain stagnant with international markets and thinly traded volumes. New crop values are softer with activity remaining sluggish.
Old crop barley bids are beginning to converge with new crop, as trade and local consumer demand remains quiet. Daily barley movements were generally correlated with wheat.
New crop sorghum bids are starting to soften with engagement from both sides of the trade remaining low outside inelastic demand. Late sorghum is continuing to enter the system and settle trade demand.