Report

Darling Downs


Date DD '20 DD '19 DD '5YA
10-Jan-20 440 460 330
17-Jan-20 450 455 330
24-Jan-20 460 450 330
31-Jan-20 460 450 330
07-Feb-20 455 445 326
14-Feb-20 450 435 326
21-Feb-20 445 425 326
28-Feb-20 445 415 326
06-Mar-20 440 410 320
13-Mar-20 430 410 320
20-Mar-20 430 415 320
27-Mar-20 460 415 320
03-Apr-20 480 415 322
10-Apr-20 495 410 322
17-Apr-20 485 405 322
24-Apr-20 490 405 322
01-May-20 470 395 331
08-May-20 450 375 331
15-May-20 440 370 331
22-May-20 375 331
29-May-20 385 331
05-Jun-20 383 343
12-Jun-20 380 343
19-Jun-20 390 343
26-Jun-20 390 343
03-Jul-20 385 349
10-Jul-20 375 349
17-Jul-20 365 349
24-Jul-20 365 349
31-Jul-20 365 349
07-Aug-20 375 350
14-Aug-20 375 350
21-Aug-20 385 350
28-Aug-20 390 350
04-Sep-20 390 354
11-Sep-20 410 354
18-Sep-20 415 354
25-Sep-20 420 354
02-Oct-20 420 356
09-Oct-20 420 356
16-Oct-20 420 356
23-Oct-20 410 356
30-Oct-20 400 356
06-Nov-20 400 349
13-Nov-20 405 349
20-Nov-20 410 349
27-Nov-20 415 349
04-Dec-20 425 348
11-Dec-20 425 348
18-Dec-20 435 348
25-Dec-20 435 348
27-Dec-19

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.

 

Grain Commentary

Wheat: Down $10 ($390 to $400/tonne). Barley: Down $10 ($325 to $335/tonne). Maize: Down $10 ($565 to $575/tonne). Sorghum: Down $20 ($340 to $350/tonne).

Nearby grain producing regions have remained relatively dry over the last week, some forecast rainfall over the next week would aid with crop emergence. The dry weather has been welcomed by growers finishing summer crop harvest.

Good production potential in the southern states is keeping a lid on wheat markets, with the higher AUD and lower offshore wheat futures also softening prices over the last week.

Spot barley markets have also drifted lower, due to the positive production outlook.

Forward barley markets, however, have been steady as some support has been gained by low grower selling which has tempered the downwards pressure that has been seen in wheat markets.


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.


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