Report

Darling Downs

Chart
Table

Date	DD '21	DD '20	DD '5YA
08-Jan-21	300	440	354
15-Jan-21	310	450	354
22-Jan-21	310	460	354
29-Jan-21	310	460	354
05-Feb-21	310	455	352
12-Feb-21	310	450	352
19-Feb-21	310	445	352
26-Feb-21	310	445	352
05-Mar-21	310	440	345
12-Mar-21	310	430	345
19-Mar-21	305	440	345
26-Mar-21	290	460	345
02-Apr-21	290	480	353
09-Apr-21	290	495	353
16-Apr-21	295	485	353
23-Apr-21	295	490	353
30-Apr-21	315	470	353
07-May-21	315	450	354
14-May-21	320	440	354
21-May-21	325	425	354
28-May-21	320	415	354
04-Jun-21	325	405	354
11-Jun-21	323	395	354
18-Jun-21	320	390	354
25-Jun-21	320	385	354
02-Jul-21	325	385	356
09-Jul-21	320	390	356
16-Jul-21	325	400	356
23-Jul-21	335	400	356
30-Jul-21		405	356
06-Aug-21		405	361
13-Aug-21		395	361
20-Aug-21		390	361
27-Aug-21		385	361
03-Sep-21		345	355
10-Sep-21		335	355
17-Sep-21		330	355
24-Sep-21		323	355
01-Oct-21		315	356
08-Oct-21		305	356
15-Oct-21		310	356
22-Oct-21		310	356
29-Oct-21		315	356
05-Nov-21		310	349
12-Nov-21		300	349
19-Nov-21		300	349
26-Nov-21		305	349
03-Dec-21		300	348
10-Dec-21		300	348
17-Dec-21		295	348
24-Dec-21			348
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: Up $10 ($330 to $340/tonne). Barley: Down $5 ($290 to $300/tonne). Maize: Up $15 ($350 to $360/tonne). Sorghum: Down $5 ($290 to $300/tonne).
Cool conditions were received across Queensland over the past week, with some southern areas receiving between 5-10mm of rain.
Old crop wheat prices rose this week with tight supplies as the main price driver. New crop prices were stronger as international values offset increasing supply side pressure from improved crop production estimates.
Old and new crop barley vales remain under pressure with little demand from feed users and tepid offshore markets.
Sorghum prices were mixed over the last week, with sporadic demand. Harvest is still intermittently progressing with conditions not ideal for quality outcomes.