Report

Atherton Tableland

20 May 2020

Chart
Table

Date	AT '23	AT '22	AT '5YA
06-Jan-23	411	405	404
13-Jan-23	410	400	407
20-Jan-23	405	400	407
27-Jan-23	400	393	406
03-Feb-23	400	385	403
10-Feb-23	415	385	399
17-Feb-23	415	390	399
24-Feb-23	415	403	400
03-Mar-23	400	415	399
10-Mar-23	405	408	395
17-Mar-23	403	425	399
24-Mar-23	400	425	399
31-Mar-23	405	415	401
07-Apr-23	400	420	403
14-Apr-23	395	428	407
21-Apr-23	390	435	411
28-Apr-23	375	440	410
05-May-23	380	455	410
12-May-23	383	483	411
19-May-23	385	510	418
26-May-23	395	500	414
02-Jun-23	395	475	411
09-Jun-23	405	495	412
16-Jun-23	408	505	411
23-Jun-23	410	480	410
30-Jun-23	405	465	406
07-Jul-23	400	465	405
14-Jul-23	410	460	405
21-Jul-23	420	455	407
28-Jul-23	425	450	410
04-Aug-23	390	455	415
11-Aug-23	400	440	418
18-Aug-23	415	433	420
25-Aug-23	430	425	421
01-Sep-23	435	410	410
08-Sep-23		405	410
15-Sep-23		405	414
22-Sep-23		410	416
29-Sep-23		415	418
06-Oct-23		420	422
13-Oct-23		440	428
20-Oct-23		460	431
27-Oct-23		455	428
03-Nov-23		468	427
10-Nov-23		480	431
17-Nov-23		470	427
24-Nov-23		440	423
01-Dec-23		420	428
08-Dec-23		400	421
15-Dec-23		405	418
22-Dec-23		415	419
29-Dec-23		413	418

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: Up $5 ($430 to $440/tonne). Barley: Up $10 ($410 to $420/tonne). Maize: Up $10 ($450 to $460/tonne). Sorghum: Steady ($420 to $430/tonne).
Queensland’s key grain production regions recorded another week of dry weather, with minimal rainfall in the 10-day forecast. Yield potential has declined amid the warmer early spring-like conditions in most areas.
Feed wheat prices were slightly lower this week, though trade demand remains solid for SFW – H2 grades. Cattle on feed projections continue to develop with seasonal conditions and lower cattle prices.
Barley remains a similar story to wheat for old crop. Supplies in the region are limited and consumer demand is being met from southern NSW, with prices trading slightly higher as a result.
Old crop sorghum trading is now just about done, with bids remaining firm as the last of the tonnes were tidied up. New crop bids were steady.