Report

Bega Valley

Chart
Table

Date	Bega '21	Bega '20	Bega '5YA
08-Jan-21	280	430	359
15-Jan-21	285	435	359
22-Jan-21	290	430	359
29-Jan-21	298	435	359
05-Feb-21	305	425	355
12-Feb-21	300	420	355
19-Feb-21	298	420	355
26-Feb-21	295	420	355
05-Mar-21	295	415	345
12-Mar-21	295	410	345
19-Mar-21	290	415	345
26-Mar-21	285	435	345
02-Apr-21	285	445	353
09-Apr-21	285	455	353
16-Apr-21	290	460	353
23-Apr-21	300	460	353
30-Apr-21	305	445	353
07-May-21	305	440	357
14-May-21	303	435	357
21-May-21	300	430	357
28-May-21	305	425	357
04-Jun-21	305	425	366
11-Jun-21	308	420	366
18-Jun-21	310	415	366
25-Jun-21		405	366
02-Jul-21		395	367
09-Jul-21		395	367
16-Jul-21		405	367
23-Jul-21		410	367
30-Jul-21		410	367
06-Aug-21		400	365
13-Aug-21		395	365
20-Aug-21		380	365
27-Aug-21		375	365
03-Sep-21		375	357
10-Sep-21		300	357
17-Sep-21		305	357
24-Sep-21		300	357
01-Oct-21		295	371
08-Oct-21		305	371
15-Oct-21		310	371
22-Oct-21		305	371
29-Oct-21		320	371
05-Nov-21		310	362
12-Nov-21		280	362
19-Nov-21		275	362
26-Nov-21		305	362
03-Dec-21		305	358
10-Dec-21		295	358
17-Dec-21		280	358
24-Dec-21			358
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 ($305 to $315/tonne). Barley: Up $5 ($260 to $270/tonne). Maize: Down $5 ($325 to $335/tonne). Canola Meal: Up $5 ($470 to $480/tonne).
Recent weather has reportedly been favourable for crop development, with almost all areas of Victoria, except for pockets of the far northwest, seeing crop germination.
Wheat prices are remaining relatively strong, despite offshore values decreasing. Demand is kept at bay with reports suggestion many buyers are not looking to purchase within the short to medium term.
Barley prices continue to stay firm in the short term, in anticipation for an increase in demand. Barley reportedly continues to dominate the domestic feed ration, which is further supporting prices, while there is a lack of new crop selling.