Report

South West WA

Chart
Table

Date	WA '22	WA '21	WA '5YA
07-Jan-22	310	320	298
14-Jan-22	325	330	301
21-Jan-22	330	340	305
28-Jan-22	330	338	303
04-Feb-22	330	335	300
11-Feb-22	330	335	299
18-Feb-22	340	335	299
25-Feb-22	360	335	298
04-Mar-22	380	335	296
11-Mar-22	383	335	296
18-Mar-22	385	325	293
25-Mar-22	385	320	291
01-Apr-22	385	320	291
08-Apr-22	385	320	290
15-Apr-22	388	320	287
22-Apr-22	390	325	289
29-Apr-22	385	330	290
06-May-22	395	335	291
13-May-22	400	328	288
20-May-22	405	320	291
27-May-22	430	335	298
03-Jun-22	430	335	305
10-Jun-22	425	335	305
17-Jun-22	425	335	304
24-Jun-22	415	340	310
01-Jul-22		340	309
08-Jul-22		345	312
15-Jul-22		330	307
22-Jul-22		335	304
29-Jul-22		340	304
05-Aug-22		345	306
12-Aug-22		348	308
19-Aug-22		350	306
26-Aug-22		365	308
02-Sep-22		370	305
09-Sep-22		365	304
16-Sep-22		360	303
23-Sep-22		365	306
30-Sep-22		370	310
07-Oct-22		370	311
14-Oct-22		370	308
21-Oct-22		370	305
28-Oct-22		370	303
04-Nov-22		370	300
11-Nov-22		375	302
18-Nov-22		370	300
25-Nov-22		365	300
02-Dec-22		360	296
09-Dec-22		350	303
16-Dec-22		350	306
23-Dec-22		310	301
30-Dec-22		310	301

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 $10 ($410 to $420/tonne). Barley: Down $5 ($390 to $400/tonne). Triticale: Steady ($365 to $375/tonne). Oats: Steady ($295 to $305/tonne).
Most growing regions of WA have received good rainfall, with growers now looking at weed management and nitrogen application.
Both old and new crop wheat bids have eased over the last week with a mostly quiet week on the trading front, given the current shipping delays and shipping capacity squeeze.
The same applies for local barley prices with values trending lower over the past week.
The pressure on local canola prices also continued this week as global oilseed markets felt the effects of the plunging palm oil futures and weaker crude oil prices.
New crop oat prices have been flat to lower.