Report

South West WA

Chart
Table

Date	WA '21	WA '20	WA '5YA
08-Jan-21	320	330	303
15-Jan-21	330	340	303
22-Jan-21	340	345	303
29-Jan-21	338	340	303
05-Feb-21	335	330	297
12-Feb-21	335	325	297
19-Feb-21	335	320	297
26-Feb-21	335	320	297
05-Mar-21	335	315	294
12-Mar-21	335	315	294
19-Mar-21	325	335	294
26-Mar-21	320	365	294
02-Apr-21	320	375	298
09-Apr-21	320	375	298
16-Apr-21	320	360	298
23-Apr-21	325	375	298
30-Apr-21	330	355	298
07-May-21	335	350	297
14-May-21	328	345	297
21-May-21	320	340	297
28-May-21	335	340	297
04-Jun-21	335	330	304
11-Jun-21	335	320	304
18-Jun-21	335	320	304
25-Jun-21	340	310	304
02-Jul-21	340	310	302
09-Jul-21	345	315	302
16-Jul-21	330	325	302
23-Jul-21	335	320	302
30-Jul-21	340	325	302
06-Aug-21	345	315	297
13-Aug-21	348	305	297
20-Aug-21	350	305	297
27-Aug-21	365	305	297
03-Sep-21	370	300	293
10-Sep-21	365	300	293
17-Sep-21		305	293
24-Sep-21		308	293
01-Oct-21		310	298
08-Oct-21		310	298
15-Oct-21		330	298
22-Oct-21		340	298
29-Oct-21		340	298
05-Nov-21		340	290
12-Nov-21		325	290
19-Nov-21		325	290
26-Nov-21		325	290
03-Dec-21		305	297
10-Dec-21		295	297
17-Dec-21		300	297
24-Dec-21			297
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: Down $5 ($360 to $370/tonne). Barley: Up $5 ($290 to $300/tonne). Triticale: Up $5 ($295 to $305/tonne). Oats: Steady ($270 to $280/tonne).
After experiencing a dry August, frost was reported across much of the wheatbelt, with wet weather also seen over the past week. Reports of frost damage were widespread, but the full extent won’t be known for some time.
Wheat values continue to hold steady with growers reportedly happy to engage at the current levels.
Barley markets were steady, though news that China has washed out some Ukrainian sales will put some downward pressure on prices.
Canola pricing has stabilised for the time being on the back of a softer futures market.