Report

Bega Valley


Date Bega '20 Bega '19 Bega '5YA
10-Jan-20 430 470 340
17-Jan-20 435 470 340
24-Jan-20 430 465 340
31-Jan-20 435 465 340
07-Feb-20 425 455 336
14-Feb-20 420 450 336
21-Feb-20 420 435 336
28-Feb-20 420 420 336
06-Mar-20 415 415 327
13-Mar-20 410 415 327
20-Mar-20 410 425 327
27-Mar-20 435 420 327
03-Apr-20 445 420 329
10-Apr-20 455 415 329
17-Apr-20 460 420 329
24-Apr-20 460 420 329
01-May-20 445 415 335
08-May-20 440 400 335
15-May-20 435 390 335
22-May-20 400 335
29-May-20 430 335
05-Jun-20 425 350
12-Jun-20 420 350
19-Jun-20 420 350
26-Jun-20 420 350
03-Jul-20 415 359
10-Jul-20 410 359
17-Jul-20 400 359
24-Jul-20 390 359
31-Jul-20 390 359
07-Aug-20 390 357
14-Aug-20 390 357
21-Aug-20 390 357
28-Aug-20 390 357
04-Sep-20 390 358
11-Sep-20 395 358
18-Sep-20 405 358
25-Sep-20 410 358
02-Oct-20 415 371
09-Oct-20 415 371
16-Oct-20 415 371
23-Oct-20 415 371
30-Oct-20 415 371
06-Nov-20 415 362
13-Nov-20 415 362
20-Nov-20 415 362
27-Nov-20 415 362
04-Dec-20 415 358
11-Dec-20 420 358
18-Dec-20 430 358
25-Dec-20 430 358
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 $5 ($415 to $425/tonne). Barley: Down $5 ($315 to $325/tonne). Maize: Down $10 ($495 to $505/tonne). Canola Meal: Steady ($440 to $450/tonne).

A drop in offshore wheat futures values and an increase in the AUD softened wheat markets this week. The discount of spot barley in comparison to spot wheat is still very large, which is seeing some demand move from wheat and some downwards pressure on prices.

Grower selling for barley remains limited, however there has been a slight increase in grower engagement in these markets over the last week.

It is expected that low export demand, given tariffs on Australian barley from China, and favourable crop conditions will see a large excess of barley over the next season. Growers remain reluctant to sell barley, however, at current levels.


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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