Report

North West Tasmania


Date Tas '20 Tas '19 Tas '5YA
10-Jan-20 455 490 355
17-Jan-20 460 485 355
24-Jan-20 460 480 355
31-Jan-20 465 480 355
07-Feb-20 455 475 347
14-Feb-20 450 470 347
21-Feb-20 450 460 347
28-Feb-20 450 445 347
06-Mar-20 445 445 342
13-Mar-20 440 450 342
20-Mar-20 440 455 342
27-Mar-20 475 445 342
03-Apr-20 480 440 343
10-Apr-20 490 435 343
17-Apr-20 490 445 343
24-Apr-20 490 450 343
01-May-20 475 445 354
08-May-20 470 435 354
15-May-20 465 430 354
22-May-20 460 440 354
29-May-20 455 470 354
05-Jun-20 455 468 371
12-Jun-20 445 465 371
19-Jun-20 435 465 371
26-Jun-20 425 470 371
03-Jul-20 415 465 381
10-Jul-20 425 460 381
17-Jul-20 435 450 381
24-Jul-20 440 440 381
31-Jul-20 440 440 381
07-Aug-20 430 435 374
14-Aug-20 420 425 374
21-Aug-20 405 425 374
28-Aug-20 400 425 374
04-Sep-20 400 435 375
11-Sep-20 395 440 375
18-Sep-20 400 450 389
25-Sep-20 403 455 389
02-Oct-20 405 460 389
09-Oct-20 405 460 389
16-Oct-20 415 460 389
23-Oct-20 415 460 389
30-Oct-20 415 460 389
06-Nov-20 415 460 383
13-Nov-20 395 460 383
20-Nov-20 395 460 383
27-Nov-20 395 460 383
04-Dec-20 435 375
11-Dec-20 440 375
18-Dec-20 445 375
25-Dec-20 445 375
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 ($440 to $450/tonne). Barley: Steady ($330 to $340/tonne). Maize: Down $10 ($505 to $515/tonne). Canola Meal: Steady ($450 to $460/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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