Grain and oilseed prices for Melbourne, Adelaide, Oaklands

Barley and oat prices have dropped as traders clear old stock and confidence grows in new-season crops, easing pressure on livestock producers chasing feed. See the latest prices.

Barley prices have dropped around $6 across the board this week with prices delivered to Melbourne mills sitting at $362 a tonne.

While the news isn’t ideal for cropping farmers it does lift some of the pressure of livestock producers seeking stock feed.

Feed oat prices also dropped by up to $15 a tonne with quotes of $420 a tonne delivered to Melbourne. The price drop was attributed to an ease in drought-related feed grain demand.

Agricultural consultant Colin Peace said grain markets were starting to move towards new-crop pricing.

“Traders are beginning to clear old stock in preparation for promising new-season crops in eastern Australia,” he said.

Mr Peace said confidence in NSW barley production was leading traders to offload stocks to domestic buyers, even at lower premiums compared to new-crop export prices.

Meanwhile, returns for new crop prices were supported by hot weather forecasts in the United States corn belt and positive trends relating to US and China trade relations.

On the domestic front he said welcome falls of rain had helped to boost winter crops and the forecast for this week was looking positive.

“Longer term forecasts from the Bureau are for a better than 60 per cent chance of exceeding

the average rainfall for August and September for South Australia and Victoria, rising to a

better than 70 per cent chance in the northern Mallee and bulk of NSW,” he said.

online artwork July 23 hay/grain

Melbourne, Victoria

Non GM canola: $828

GM canola: $778

H2 wheat: $372

APW wheat: $369

ASW wheat: $366

AGP wheat: $360

Malt 1 barley: $360

Maximus (MX1) barley: $360

BAR1 barley: $360

Milling oats: $470

Feed oats: $420

Lupins: $680

Field peas: $730

Desi chickpeas: $830

Kabuli chickpeas: $910

Hallmark lentils: $850

Faba beans: $660

Adelaide, South Australia

Non GM canola: $784

GM canola: $714

H2 wheat: $376

APW wheat: $373

ASW wheat: $364

AGP wheat: $354

Malt 1 barley: $360

Maximus (MX1) barley: $360

BAR1 barley: $360

Milling oats: $465

Feed oats: $420

Lupins: $670

Field peas: $730

Desi chickpeas: $840

Kabuli chickpeas: $920

Hallmark lentils: $850

Faba beans: $665

Oaklands, NSW

Non GM canola: $789

GM canola: $774

H2 wheat: $306

APW wheat: $298

ASW wheat: $298

AGP wheat: $292

Malt 1 barley: $293

Maximus (MX1) barley: $293

BAR1 barley: $293

Milling oats: $440

Feed oats: $360

Lupins: $675

Field peas: $705

Desi chickpeas: $772

Kabuli chickpeas: $884

Hallmark lentils: $792

Faba beans: $602

Cash prices are for 2024-25 season and based on the higher of capital city, port or country price, less freight and compulsory charges. Quality payments for protein, screenings and moisture may apply.