Report

Central West NSW


Date CW '20 CW '19 CW '5YA
10-Jan-20 390 380 288
17-Jan-20 400 380 288
24-Jan-20 400 375 288
31-Jan-20 400 375 288
07-Feb-20 395 370 284
14-Feb-20 385 355 284
21-Feb-20 380 345 284
28-Feb-20 380 330 284
06-Mar-20 375 320 273
13-Mar-20 365 320 273
20-Mar-20 365 325 273
27-Mar-20 395 325 273
03-Apr-20 415 320 275
10-Apr-20 430 315 275
17-Apr-20 420 310 275
24-Apr-20 410 310 275
01-May-20 390 300 277
08-May-20 370 280 277
15-May-20 360 275 277
22-May-20 345 290 277
29-May-20 335 310 277
05-Jun-20 325 320 297
12-Jun-20 315 330 297
19-Jun-20 305 335 297
26-Jun-20 305 345 297
03-Jul-20 305 340 308
10-Jul-20 310 330 308
17-Jul-20 320 320 308
24-Jul-20 320 320 308
31-Jul-20 325 320 308
07-Aug-20 325 330 308
14-Aug-20 315 335 308
21-Aug-20 310 345 308
28-Aug-20 305 350 308
04-Sep-20 310 350 308
11-Sep-20 250 360 308
18-Sep-20 245 365 304
25-Sep-20 245 370 304
02-Oct-20 245 370 318
09-Oct-20 240 370 318
16-Oct-20 245 370 318
23-Oct-20 255 360 318
30-Oct-20 255 350 318
06-Nov-20 245 350 307
13-Nov-20 245 355 307
20-Nov-20 250 355 307
27-Nov-20 255 360 307
04-Dec-20 370 303
11-Dec-20 370 303
18-Dec-20 380 303
25-Dec-20 380 303
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 ($310 to $320/tonne). Barley: Down $10 ($245 to $255/tonne). Maize: Down $10 ($465 to $475/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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