Darling Downs

Notes:

Commentary

• Wheat: Steady ($310 to $320/tonne). Barley: Steady ($280 to $290/tonne). Maize: Steady ($330 to $340/tonne). Sorghum: Up $5 ($305 to $315/tonne).
• Dry and cool weather conditions have continued across much of the state over the past week, with some light showers on Tuesday.
• Wheat prices fluctuated over the past week. Local new crop delivered values were generally firmer with tight logistics and an absence of grower selling. Softer offshore markets weighed on values.
• Old crop barley values were a little softer this week with some price support from a lack of grower selling, constrained logistics and growing support from offshore feed grain values and demand.
• Sorghum prices were firmer this week with reports of quality issues, some cause by mice damage.
  
  
  
  

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.