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
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Queensland
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New South Wales
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Victoria
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South Australia
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Western Australia
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Tasmania
Select a location to view the grain price:
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Wheat
$475 - $485-$25Barley
$435 - $445-$5Maize
$450 - $460-$5Sorghum
$440 - $450Steady -
Wheat
$455 - $465-$15Barley
$450 - $460-$10Maize
$445 - $455-$5Sorghum
$385 - $395Steady -
Wheat
$430 - $440-$25Barley
$395 - $405SteadyMaize
$415 - $425SteadySorghum
$350 - $360$5 -
Wheat
$435 - $445-$10Barley
$355 - $365-$20Maize
$415 - $425SteadySorghum
$330 - $340Steady -
Wheat
$425 - $435-$15Barley
$390 - $400SteadyMaize
$435 - $445SteadyCanola meal
$580 - $590$10 -
Wheat
$475 - $485-$5Barley
$440 - $450-$10Maize
$505 - $515$5Canola meal
$610 - $620Steady -
Wheat
$435 - $445-$15Barley
$420 - $430-$10Maize
$435 - $445SteadyCanola meal
$480 - $490Steady -
Wheat
$465 - $475-$5Barley
$420 - $430-$10Maize
$500 - $510$5Canola meal
$595 - $605Steady -
Wheat
$475 - $485-$10Barley
$420 - $430-$25Maize
$455 - $465SteadyCanola meal
$640 - $650Steady -
Wheat
$450 - $460-$5Barley
$410 - $420-$10Maize
$455 - $465SteadyCanola meal
$400 - $410$15 -
Wheat
$410 - $420-$10Barley
$390 - $400-$5Triticale
$365 - $375SteadyOats
$295 - $305Steady -
Wheat
$565 - $575-$5Barley
$530 - $540-$10Maize
$515 - $525$5Canola meal
$700 - $710$5
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 |
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.