|Date||C SA '21||C SA '20||C SA '5YA|
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.
- Wheat: Steady ($315 to $325/tonne). Barley: Up $5 ($235 to $245/tonne). Maize: Steady ($385 to $395/tonne). Oats: Up $50 ($305 to $315/tonne).
- South Australia experienced relatively dry conditions throughout most of the state as seeding activities ramp up.
- Wheat prices strengthened over the last week, after future market values increased from dry conditions in many countries, particularly the US.
- Barley values have followed wheat’s upward trend, with reports suggesting domestic demand is growing.
- Increased canola values continue to entice growers, with continued dry conditions causing some uncertainty among them about whether there is still time to include canola in the current cropping rotation.
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.