Report

Gippsland


Date Gipps '20 Gipps '19 Gipps '5YA
10-Jan-20 365 465 333
17-Jan-20 370 460 333
24-Jan-20 370 460 333
31-Jan-20 360 460 333
07-Feb-20 350 455 330
14-Feb-20 345 450 330
21-Feb-20 345 440 330
28-Feb-20 345 425 330
06-Mar-20 340 425 324
13-Mar-20 335 430 324
20-Mar-20 335 435 324
27-Mar-20 370 425 324
03-Apr-20 375 425 325
10-Apr-20 385 415 325
17-Apr-20 385 425 325
24-Apr-20 385 430 325
01-May-20 370 425 333
08-May-20 365 415 333
15-May-20 360 410 333
22-May-20 425 333
29-May-20 455 333
05-Jun-20 453 351
12-Jun-20 450 351
19-Jun-20 450 351
26-Jun-20 455 351
03-Jul-20 450 360
10-Jul-20 445 360
17-Jul-20 435 360
24-Jul-20 425 360
31-Jul-20 425 360
07-Aug-20 420 353
14-Aug-20 410 353
21-Aug-20 410 353
28-Aug-20 410 353
04-Sep-20 420 351
11-Sep-20 425 351
18-Sep-20 435 351
25-Sep-20 365 351
02-Oct-20 370 355
09-Oct-20 370 355
16-Oct-20 370 355
23-Oct-20 370 355
30-Oct-20 370 355
06-Nov-20 370 349
13-Nov-20 370 349
20-Nov-20 370 349
27-Nov-20 365 349
04-Dec-20 345 340
11-Dec-20 350 340
18-Dec-20 355 340
25-Dec-20 355 340
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 ($335 to $345/tonne). Barley: Steady ($260 to $270/tonne). Maize: Down $10 ($495 to $505/tonne). Canola Meal: Steady ($420 to $430/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.


X
Cookies help Dairy Australia improve your website experience.
By using our website, you agree to our use of cookies.
Confirm