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Grain Report



Dairy Australia generates a grain report to help farmers make more informed decisions when buying grain. The grain report is updated 40 times per year and provides an independent and timely assessment of grain markets in each dairy region.

Grain prices by location

Select a location to view the grain price:

  • Location: Atherton Tablelands

    Week Ending24 June 2022
  • Location: Darling Downs

    Week Ending24 June 2022
  • Location: North Coast NSW

    Week Ending24 June 2022
  • Location: Central West NSW

    Week Ending24 June 2022
  • Location: Bega Valley

    Week Ending24 June 2022
  • Location: Gippsland

    Week Ending24 June 2022
  • Location: Goulburn & Murray Valley

    Week Ending24 June 2022
  • Location: South West Victoria

    Week Ending24 June 2022
  • Location: South East SA

    Week Ending24 June 2022
  • Location: Central SA

    Week Ending24 June 2022
  • Location: South West WA

    Week Ending24 June 2022
  • Location: North West Tasmania

    Week Ending24 June 2022

International and national summary

National background comments: report for the week ending 24 June 2022.

The next update will be on Friday 1 July 2022. Direct links to reports on each dairy region immediately follow this international and national summary for grain.

Driving Prices Up

  • Continued drier-than-usual conditions throughout Europe have seen yield outlooks reduced across most agricultural commodities, however, wheat, barley and canola yield forecasts remain in line with five-year averages.
  • The US House of Representatives have passed a bill that will allow E15 gas - fuel that uses a 15 percent ethanol blend derived from corn - to be sold year-round in an attempt ease fuel pricing pressures.

Driving Prices Down

  • Global wheat markets dropped sharply on Tuesday as discussions around the potential opening of a Black Sea export corridor increased optimism for increased grain exports out of Ukraine.
  • Improved weather forecast across the US Midwest has placed some downwards pressure on corn and soybean values.

Global Trade News

  • Jordan’s state grain importer, the Ministry of Industry, Trade and Supply (MIT) has booked 120,000 mt of feed barley for the October-November shipment. 60,000 mt of barley was obtained from Australian Grain Export at $407/mt CFR Aqaba, for November delivery.
  • Dry bulk freight rates edged marginally higher despite fears of a global economic recession and a reduction in iron ore prices. Strong demand for coal has helped to offset these factors particularly in Asia where coal remains in short supply.
  • South Korean buyers have purchased at least 180,000 mt of South American corn at $363.62/mt for September shipment.

Local News

  • Qantas and Airbus will invest up to US$200 million to accelerate the establishment of a sustainable aviation fuel industry in Australia which is likely to provide ongoing support for the Australian oilseeds industry.
    The La Niña weather pattern has officially ended according to the Bureau of Meteorology (BOM), however there is a 50% chance that a La Niña weather pattern will reform in the Spring.

Price change in table below reflects moves since previous report (17 June 2022)

All Location Grain Prices

24 June 2022

Wheat

Barley

Maize

Sorghum

Atherton Tablelands
Price range
Change
$475 - $485
-$25
$435 - $445
-$5
$450 - $460
-$5
$440 - $450
Steady
Darling Downs
Price range
Change
$455 - $465
-$15
$450 - $460
-$10
$445 - $455
-$5
$385 - $395
Steady
North Coast NSW
Price range
Change
$430 - $440
-$25
$395 - $405
Steady
$415 - $425
Steady
$350 - $360
$5
Central West NSW
Price range
Change
$435 - $445
-$10
$355 - $365
-$20
$415 - $425
Steady
$330 - $340
Steady

Wheat

Barley

Maize

Canola meal

Bega Valley
Price range
Change
$425 - $435
-$15
$390 - $400
Steady
$435 - $445
Steady
$580 - $590
$10
Gippsland
Price range
Change
$475 - $485
-$5
$440 - $450
-$10
$505 - $515
$5
$610 - $620
Steady
Goulburn & Murray Valley
Price range
Change
$435 - $445
-$15
$420 - $430
-$10
$435 - $445
Steady
$480 - $490
Steady
South West Victoria
Price range
Change
$465 - $475
-$5
$420 - $430
-$10
$500 - $510
$5
$595 - $605
Steady
South East SA
Price range
Change
$475 - $485
-$10
$420 - $430
-$25
$455 - $465
Steady
$640 - $650
Steady
Central SA
Price range
Change
$450 - $460
-$5
$410 - $420
-$10
$455 - $465
Steady
$400 - $410
$15
North West Tasmania
Price range
Change
$565 - $575
-$5
$530 - $540
-$10
$515 - $525
$5
$700 - $710
$5

Wheat

Barley

Triticale

Oats

South West WA
Price range
Change
$410 - $420
-$10
$390 - $400
-$5
$365 - $375
Steady
$295 - $305
Steady
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.

About the Grain Report

Why the grain report is created

Farmers, government, industry advocacy and businesses across the supply chain require independently produced, unbiased data on the industry to inform strategic decisions and policy formation.

Grain reports provide an independent industry view, bringing together key data and insights across the supply chain and industry without any vested interest.

The grain report is created using data provided by Profarmer Consulting.


Interpreting the reports

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 quality wheat available in a region (ASW, AGP, SFW1 or FED1) and F1 for barley.

Watch this video of dairy farm manager Brian Corr explaining how the weekly hay and grain email updates help him make more informed decisions on-farm.


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