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Grain Report



Dairy Australia generates a grain report to help farmers make more informed decisions when buying grain. The grain report is updated 40 times per year and provides an independent and timely assessment of grain markets in each dairy region.

Grain prices by location

Select a location to view the grain price:

  • Location: Atherton Tablelands

    Week Ending20 May 2022
  • Location: Darling Downs

    Week Ending20 May 2022
  • Location: North Coast NSW

    Week Ending20 May 2022
  • Location: Central West NSW

    Week Ending20 May 2022
  • Location: Bega Valley

    Week Ending20 May 2022
  • Location: Gippsland

    Week Ending20 May 2022
  • Location: Goulburn & Murray Valley

    Week Ending20 May 2022
  • Location: South West Victoria

    Week Ending20 May 2022
  • Location: South East SA

    Week Ending20 May 2022
  • Location: Central SA

    Week Ending20 May 2022
  • Location: South West WA

    Week Ending20 May 2022
  • Location: North West Tasmania

    Week Ending20 May 2022

International and national summary

National background comments: report for the week ending 20 May 2022.

The next update will be on Friday 27 May 2022. Direct links to reports on each dairy region immediately follow this international and national summary for grain.

Driving Prices Up

  • The Indian government announced a ban on commercial wheat exports late last Friday however announced a small relaxation in its restrictions in allowing the export of cargo’s already registered in the customs system.
  • Argentina is expected to harvest 19 million mt of wheat in 2022-23 which is 14 per cent lower year-on-year to the 22.1 million mt harvest seen last season
  • USDA planting of corn, soybeans, and wheat continued to advance last week but remains behind last year.

Driving Prices Down

  • Heavy gains made by wheat futures earlier in the week are likely to see some traders book profits over the coming days while multi-lateral talks with the UN to free up Ukrainian wheat from Russian port blockades may also see some downward price pressure on wheat prices.

Global Trade News

  • India has reportedly sold 500,000 mt of wheat to Egypt leaving government to government deals on the table
  • Turkey’s state backed importing agency has tendered to buy up to 325,000 mt of corn for June
  • MFIG which is Taiwan’s feed-making group has purchased another 55,000 mt of South African corn in a tender with MFIG set to pay around $397.28/mt CFR.
  • Japan’s agriculture ministry has issued an international tender for 174,000 mt of US, Canadian, and Australian milling wheat for loading in July and September

Local News

  • Australia’s canola production for the 2022/23 season is expected to decline 17 per cent from last year’s record harvest with 5.2 million mt expected to be harvested
  • Australian farmers have completed over half of their winter crop planting including wheat, barley, and canola, with seasonal conditions looking favourable

Price change in table below reflects moves since previous report (6 May 2022)

All Location Grain Prices

20 May 2022

Wheat

Barley

Maize

Sorghum

Atherton Tablelands
Price range
Change
$505 - $515
$55
$425 - $435
$35
$455 - $465
$50
$410 - $420
$15
Darling Downs
Price range
Change
$475 - $485
$65
$445 - $455
$60
$445 - $455
$50
$360 - $370
$5
North Coast NSW
Price range
Change
$365 - $375
$55
$355 - $365
$45
$415 - $425
$40
$325 - $335
$20
Central West NSW
Price range
Change
$445 - $455
$50
$395 - $405
$65
$415 - $425
$40
$280 - $290
-$5

Wheat

Barley

Maize

Canola meal

Bega Valley
Price range
Change
$430 - $440
$50
$385 - $395
$85
$395 - $405
Steady
$560 - $570
$5
Gippsland
Price range
Change
$495 - $505
$65
$450 - $460
$40
$470 - $480
$35
$590 - $600
$10
Goulburn & Murray Valley
Price range
Change
$470 - $480
$70
$425 - $435
$40
$395 - $405
Steady
$480 - $490
Steady
South West Victoria
Price range
Change
$470 - $480
$70
$385 - $395
Steady
$470 - $480
$35
$575 - $585
$10
South East SA
Price range
Change
$480 - $490
$50
$460 - $470
$55
$455 - $465
$10
$620 - $630
$10
Central SA
Price range
Change
$455 - $465
$45
$390 - $400
$30
$455 - $465
$10
$345 - $355
$25
North West Tasmania
Price range
Change
$585 - $595
$65
$540 - $550
$40
$480 - $490
$35
$680 - $690
$35

Wheat

Barley

Triticale

Oats

South West WA
Price range
Change
$400 - $410
$10
$410 - $420
$55
$355 - $365
$10
$290 - $300
$10
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.

About the Grain Report

Why the grain report is created

Farmers, government, industry advocacy and businesses across the supply chain require independently produced, unbiased data on the industry to inform strategic decisions and policy formation.

Grain reports provide an independent industry view, bringing together key data and insights across the supply chain and industry without any vested interest.

The grain report is created using data provided by Profarmer Consulting.


Interpreting the reports

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 quality wheat available in a region (ASW, AGP, SFW1 or FED1) and F1 for barley.

Watch this video of dairy farm manager Brian Corr explaining how the weekly hay and grain email updates help him make more informed decisions on-farm.


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