Report

Gippsland

Chart
Table

Date	Gipps '22	Gipps '21	Gipps '5YA
07-Jan-22	380	295	327
14-Jan-22	380	305	329
21-Jan-22	380	310	328
28-Jan-22	378	315	329
04-Feb-22	375	320	329
11-Feb-22	365	315	330
18-Feb-22	365	313	328
25-Feb-22	368	310	325
04-Mar-22	370	308	322
11-Mar-22	378	305	323
18-Mar-22	385	305	323
25-Mar-22	395	295	320
01-Apr-22	400	295	317
08-Apr-22	400	295	318
15-Apr-22	408	305	319
22-Apr-22	415	315	324
29-Apr-22	420	330	331
06-May-22	435	330	331
13-May-22	468	330	332
20-May-22	500	330	336
27-May-22	500	335	339
03-Jun-22		330	345
10-Jun-22		330	348
17-Jun-22		330	350
24-Jun-22		325	353
01-Jul-22		330	354
08-Jul-22		330	359
15-Jul-22		325	357
22-Jul-22		330	353
29-Jul-22		335	352
05-Aug-22		340	353
12-Aug-22		350	357
19-Aug-22		360	357
26-Aug-22		365	357
02-Sep-22		360	353
09-Sep-22		360	357
16-Sep-22		355	359
23-Sep-22		358	367
30-Sep-22		360	363
07-Oct-22		365	361
14-Oct-22		375	361
21-Oct-22		373	360
28-Oct-22		370	358
04-Nov-22		370	358
11-Nov-22		375	359
18-Nov-22		400	362
25-Nov-22		410	362
02-Dec-22		420	361
09-Dec-22		415	357
16-Dec-22		405	355
23-Dec-22		385	352
30-Dec-22		383	352

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: Steady ($495 to $505/tonne). Barley: Up $5 ($455 to $465/tonne). Maize: Up $20 ($490 to $500/tonne). Canola Meal: Up $20 ($610 to $620/tonne).
Planting of the 2022 crop has continued to progress at a rapid pace, now situated at around 80-90 per cent completed.
On the back of extreme volatility in the market, wheat values finished the week slightly higher despite drops earlier in the week.
The barley market has become a bit thinner in the last week with prices up as a result.