Central West NSW

Notes:

Commentary

• Wheat: Up $5 ($255 to $265/tonne). Barley: Steady ($210 to $220/tonne). Maize: Steady ($355 to $365/tonne). Sorghum: Up $5 ($270 to $280/tonne).
• Weather conditions have remained warm and dry over the past week, with any rain limited to isolated storms.
• Local New South Wales wheat prices remained relatively stable this week. There are reports of minimal demand originating from the feed industry, however, overall demand is reduced.
• Barley pries rose this week, as offshore demand continues to increase. Locally, there are reports of low levels of barley in stores and demand is gathering from the feed industry, contributing to the rising prices.
• Sorghum values continue to rise, with dry conditions and slow grower selling. Whilst there is on-going demand from China for sorghum, early sorghum harvest has resumed with most crops looking for further rainfall.

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.