Report

North Coast NSW

20 May 2020

Chart
Table

Date	N NSW '23	N NSW '22	N NSW '5YA
06-Jan-23	399	295	356
13-Jan-23	400	295	358
20-Jan-23	400	270	356
27-Jan-23	405	273	358
03-Feb-23	400	275	358
10-Feb-23	405	275	355
17-Feb-23	405	275	352
24-Feb-23	405	285	351
03-Mar-23	390	295	348
10-Mar-23	390	300	347
17-Mar-23	390	305	351
24-Mar-23	390	305	351
31-Mar-23	390	315	358
07-Apr-23	390	315	358
14-Apr-23	388	315	359
21-Apr-23	385	315	358
28-Apr-23	385	315	354
05-May-23	385	315	350
12-May-23	385	343	352
19-May-23	385	370	360
26-May-23	385	400	364
02-Jun-23	385	380	362
09-Jun-23	385	440	375
16-Jun-23	385	460	380
23-Jun-23	385	435	380
30-Jun-23	385	420	380
07-Jul-23	385	410	378
14-Jul-23	380	408	377
21-Jul-23	375	405	376
28-Jul-23	375	400	379
04-Aug-23	380	400	382
11-Aug-23	380	340	375
18-Aug-23	385	360	383
25-Aug-23	390	380	389
01-Sep-23	390	365	387
08-Sep-23		365	360
15-Sep-23		370	364
22-Sep-23		370	368
29-Sep-23		370	372
06-Oct-23		380	372
13-Oct-23		390	378
20-Oct-23		395	377
27-Oct-23		400	375
03-Nov-23		400	369
10-Nov-23		400	367
17-Nov-23		390	366
24-Nov-23		385	367
01-Dec-23		388	373
08-Dec-23		390	372
15-Dec-23		390	366
22-Dec-23		395	371
29-Dec-23		398	371

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 ($385 to $395/tonne). Barley: Steady ($385 to $395/tonne). Maize: Steady ($415 to $425/tonne). Sorghum: Steady ($375 to $385/tonne).
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.