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.
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.