|Date||AT '21||AT '20||AT '5YA|
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.
- Wheat: Down $5 ($340 to $350/tonne). Barley: Steady ($300 to $310/tonne). Maize: Down $5 ($390 to $400/tonne). Sorghum: Steady ($340 to $350/tonne).
- Weather conditions have remained dry and hot across Queensland, potentially impacting summer crop potential and winter crop plantings.
- Local wheat prices have remained relatively stable, whilst local feed demand remains subdued and there is limited trade interest.
- There are reports of barley remaining scarce throughout Queensland, with grain from the southern states continuing to cross the border. Prices were generally lower for the week as local trade was quiet.
- Sorghum prices reduced over the past week, as Chinese trade slowed following the end of Lunar New Year celebrations. There is minimal local demand for sorghum, particularly whilst prices remain increased, with this demand shifting to wheat or barley.
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.