Report

Central West NSW

Chart
Table

Date	CW '21	CW '20	CW '5YA
08-Jan-21	245	390	307
15-Jan-21	250	400	307
22-Jan-21	255	400	307
29-Jan-21	255	400	307
05-Feb-21	255	395	303
12-Feb-21	260	385	303
19-Feb-21	255	380	303
26-Feb-21	250	380	303
05-Mar-21	248	375	291
12-Mar-21	245	365	291
19-Mar-21	245	375	291
26-Mar-21	235	395	291
02-Apr-21	235	415	299
09-Apr-21	235	430	299
16-Apr-21	240	420	299
23-Apr-21	245	410	299
30-Apr-21	260	390	299
07-May-21	255	370	292
14-May-21	260	360	292
21-May-21	265	345	292
28-May-21	275	335	292
04-Jun-21	270	325	300
11-Jun-21	270	315	300
18-Jun-21	270	305	300
25-Jun-21	265	305	300
02-Jul-21	265	305	306
09-Jul-21	265	310	306
16-Jul-21	265	320	306
23-Jul-21	275	320	306
30-Jul-21	278	325	306
06-Aug-21	280	325	309
13-Aug-21	283	315	309
20-Aug-21	285	310	309
27-Aug-21	295	305	309
03-Sep-21	295	310	304
10-Sep-21	295	250	304
17-Sep-21	300	245	304
24-Sep-21		245	304
01-Oct-21		245	318
08-Oct-21		240	318
15-Oct-21		245	318
22-Oct-21		255	318
29-Oct-21		255	318
05-Nov-21		245	307
12-Nov-21		245	307
19-Nov-21		250	307
26-Nov-21		255	307
03-Dec-21		250	303
10-Dec-21		245	303
17-Dec-21		240	303
24-Dec-21			303
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: 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.