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Read grain data and statistics about the Gippsland region.

Date Gipps '19 Gipps '18 Gipps '5YA
04-Jan-2019 470 290 301
11-Jan-2019 465 295 301
18-Jan-2019 460 295 301
25-Jan-2019 460 298 301
01-Feb-2019 460 300 300
08-Feb-2019 455 305 300
15-Feb-2019 450 308 300
22-Feb-2019 440 310 300
01-Mar-2019 425 310 301
08-Mar-2019 425 315 301
15-Mar-2019 430 315 301
22-Mar-2019 435 310 301
29-Mar-2019 425 315 301
05-Apr-2019 425 320 303
12-Apr-2019 415 325 303
19-Apr-2019 425 330 303
26-Apr-2019 430 335 303
03-May-2019 425 340 311
10-May-2019 415 345 311
17-May-2019 410 360 311
24-May-2019 425 365 311
31-May-2019 455 370 324
07-Jun-2019 453 373 324
14-Jun-2019 450 375 324
21-Jun-2019 450 375 324
28-Jun-2019 455 375 324
05-Jul-2019 450 375 329
12-Jul-2019 445 375 329
19-Jul-2019 435 376 327
26-Jul-2019 425 395 329
02-Aug-2019 425 410 327
09-Aug-2019 420 430 327
16-Aug-2019 410 440 327
23-Aug-2019 410 450 327.206666666667
30-Aug-2019 410 445 327.206666666667
06-Sep-2019 420 450 329
13-Sep-2019 425 450 329
20-Sep-2019 455 329
27-Sep-2019 465 329
04-Oct-2019 475 307
11-Oct-2019 475 307
18-Oct-2019 475 307
25-Oct-2019 465 307
01-Nov-2019 460 310
08-Nov-2019 460 310
15-Nov-2019 455 310
22-Nov-2019 445 310
29-Nov-2019 450 310
06-Dec-2019 455 305
13-Dec-2019 460 305
20-Dec-2019 470 305
27-Dec-2019 470 305
 

Grain Commentary

  • Wheat: Up $5 ($420 to $430/tonne). Barley: Up $5 ($380 to $390/tonne). Maize: Up $10 ($475 to $485/tonne). Canola Meal: Steady ($425 to $435/tonne).
  • Little rain has fallen in the past week where it was needed. The absence of any rain on the forecast has seen more paddocks either cut for hay a or silage in NSW. The decision is not so clear cut in various Victorian areas that are lacking soil moisture right now.
  • The bulk is definitely there, and, without frost, there is still an economic comparison that could tip the scales either way depending on the price of each commodity and finishing rain.
  • Spot wheat prices are trading slightly firmer this week, but supply is thin.
  • Forward prices have taken a firmer tone due to increasing concerns about the overall crop size in the South East of the country.
  • Apart from parts of southern Victoria, which is trading slightly softer than last week, barley prices have taken a firmer tone this week.
  • From a production perspective barley is also the earlier crop to finish, so is more likely to be taken to grain than wheat in areas with good bulk, provided the frost holds off.

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.

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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