Report

Goulburn & Murray Valley

Chart
Table

Date	GV '22	GV '21	GV '5YA
07-Jan-22	380	280	292
14-Jan-22	360	290	294
21-Jan-22	340	300	296
28-Jan-22	345	293	294
04-Feb-22	350	285	291
11-Feb-22	340	290	292
18-Feb-22	330	290	291
25-Feb-22	335	290	288
04-Mar-22	340	300	286
11-Mar-22	358	310	291
18-Mar-22	375	310	290
25-Mar-22	375	295	287
01-Apr-22	375	280	280
08-Apr-22	385	265	277
15-Apr-22	390	270	278
22-Apr-22	395	280	282
29-Apr-22	400	300	289
06-May-22	405	295	289
13-May-22	440	300	291
20-May-22	475	305	297
27-May-22	475	310	299
03-Jun-22	465	310	305
10-Jun-22	460	310	307
17-Jun-22	455	310	308
24-Jun-22	440	300	311
01-Jul-22		300	311
08-Jul-22		305	317
15-Jul-22		295	314
22-Jul-22		305	311
29-Jul-22		308	310
05-Aug-22		310	311
12-Aug-22		320	314
19-Aug-22		330	316
26-Aug-22		345	319
02-Sep-22		345	316
09-Sep-22		345	318
16-Sep-22		340	320
23-Sep-22		340	328
30-Sep-22		340	330
07-Oct-22		340	335
14-Oct-22		345	334
21-Oct-22		350	334
28-Oct-22		355	335
04-Nov-22		355	334
11-Nov-22		360	335
18-Nov-22		360	334
25-Nov-22		380	337
02-Dec-22		400	339
09-Dec-22		405	335
16-Dec-22		385	331
23-Dec-22		285	332
30-Dec-22		383	330

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: Down $15 ($435 to $445/tonne). Barley: Down $10 ($420 to $430/tonne). Maize: Steady ($435 to $445/tonne). Canola Meal: Steady ($480 to $490/tonne).
Good rainfall has stored soil moisture and allowed for early crop vigour across Victoria, positioning the crop well for the season.
Most wheat prices have dropped slightly, although APW export interests from Asia remained high.
Barley prices have pulled back slightly as markets expect more grain to be available post June 30. New barley prices have also eased.
Canola has suffered large pullbacks in price locally as offshore futures markets fall.