Grain and oilseed prices for Melbourne, Adelaide, Oaklands
Canola prices are at $830 in Victoria this week to maintain an upward trajectory. See how prices for crop commodities are tracking.
Global market pressure and the unsettling news of tariffs has failed to dent grain and oilseed markets with prices remaining firm or increasing slightly in the past week.
Canola is continuing to trend at $830 a tonne in Victoria, $758 a tonne in Adelaide, South Australia, and $768 a tonne at Oaklands, NSW.
Wheat prices have also held ground and are quoted at $381 a tonne in Melbourne for H2 categories.
Agricultural consultant Colin Peace said in a week when global markets were in turmoil and the US imposed tariffs on imports from more than 100 countries was announced, local grain markets had held up surprisingly well.
“Trade bids for current season wheat and barley into the handling systems are up $3 and $1 a tonne respectively,” he said.
“More buying interest in the delivered end user markets also pushed up Melbourne prices for AGP grade wheat, up $4 a tonne, to $364 and BAR1 grade barley up to $357 a tonne,” he said.
The rises in the market was attributed to dry weather.
“Last week on the Chicago exchange, wheat futures were $1.80 a tonne lower and corn $6.90 a tonne higher, while on the French exchange wheat futures were $5.90 a tonne higher,” he said.
Prices based on per tonne price for the week ending April 7, 2025.
Melbourne, Victoria
Non GM canola: $830
GM canola: $770
H2 wheat: $381
APW wheat: $375
ASW wheat: $370
AGP wheat: $364
Malt 1 barley: $365
Maximus (MX1) barley: $360
BAR1 barley: $357
Milling oats: $490
Feed oats: $440
Lupins: $695
Field peas: $695
Desi chickpeas: $935
Kabuli chickpeas: NA
Hallmark lentils: $890
Faba beans: $680
Adelaide, South Australia
Non GM canola: $768
GM canola: $673
H2 wheat: $390
APW wheat: $386
ASW wheat: $385
AGP wheat: $372
Malt 1 barley: $350
Maximus (MX1) barley: $350
BAR1 barley: $340
Milling oats: $510
Feed oats: $430
Lupins: $705
Field peas: $700
Desi chickpeas: $945
Kabuli chickpeas: NA
Hallmark lentils: $900
Faba beans: $690
Oaklands, NSW
Non GM canola: $768
GM canola: $753
H2 wheat: $323
APW wheat: $323
ASW wheat: $323
AGP wheat: $323
Malt 1 barley: $294
Maximus (MX1) barley: $292
BAR1 barley: $288
Milling oats: $430
Feed oats: $403
Lupins: $645
Field peas: $670
Desi chickpeas: $877
Kabuli chickpeas: NA
Hallmark lentils: $832
Faba beans: $622
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.