Weekly commodity price update

Commodity price charts

World market indicators

World market indicators

Charts of selected world agricultural market indicator prices.

Australian market indicators

Australian market indicators

Charts of selected Australian agricultural market indicator prices.

Australian horticulture prices

Australian horticulture prices

Charts of movements in Australian wholesale horticultural prices.


Weekly price movements

Current indicators – 25 February 2021

Indicator Week ended Unit Latest price Previous week Weekly change Price 12 months ago Annual change

Selected world indicator prices

AUD/USD Exchange rate 24-Feb A$/US$ 0.79 0.78 2% 0.66 20%
Wheat – US no. 2 hard red winter wheat, fob Gulf 24-Feb US$/t 293 288 2% 221 32%
Corn – US no. 2 yellow corn, fob Gulf 17-Feb US$/t 251 249 1% 165 53%
Canola – Rapeseed, Canada, fob Vancouver 24-Feb US$/t 666 626 6% 368 81%
Cotton – Cotlook 'A' Index 24-Feb USc/lb 97 95 2% 72 35%
Sugar – Intercontinental Exchange, nearby futures, no.11 contract 10-Feb USc/lb 16 16 -3% 15 6%
Wool – Eastern Market Indicator 17-Feb Ac/kg clean 1,318 1,275 3% 1,503 -12%
Wool – Western Market Indicator 17-Feb Ac/kg clean 1,372 1,314 4% 1,687 -19%

Selected Australian grain export prices

Milling Wheat – APW, Port Adelaide, SA 24-Feb A$/t 358 357 0% 374 -4%
Feed Wheat – ASW, Port Adelaide, SA 24-Feb A$/t 354 353 0% 366 -3%
Feed Barley – Port Adelaide, SA 24-Feb A$/t 305 308 -1% 313 -3%
Canola – Kwinana, WA 24-Feb A$/t 695 692 0% 657 6%
Grain Sorghum – Brisbane, QLD 24-Feb A$/t 386 385 0% 435 -11%

Selected domestic livestock indicator prices

Beef – Eastern Young Cattle Indicator 17-Feb Ac/kg cwt 866 873 -1% 515 68%
Mutton – Mutton indicator (18–24 kg fat score 2–3), Vic 17-Feb Ac/kg cwt 635 655 -3% 605 5%
Lamb – Eastern States Trade Lamb Indicator 17-Feb Ac/kg cwt 870 847 3% 800 9%
Pig – Eastern Seaboard (60.1–75 kg), average of buyers & sellers 10-Feb Ac/kg cwt 357 367 -3% 411 -13%
Goats – Eastern States (12.1–16 kg) 24-Feb Ac/kg cwt 813 813 0% 883 -8%
Live cattle – Light steers ex Darwin to Indonesia 03-Feb Ac/kg lwt 355 355 0% 330 8%
Live sheep – Live wethers (Muchea WA saleyard) to Middle East 18-Nov $/head 118 108 9% N/A N/A

Global Dairy Trade (GDT) weighted average prices a

Dairy – Whole milk powder 17-Feb US$/t 3,615 3,458 5% 2,705 34%
Dairy – Skim milk powder 17-Feb US$/t 3,207 3,198 0% 2,201 46%
Dairy – Cheddar cheese 17-Feb US$/t 4,268 4,178 2% 3,371 27%
Dairy – Anhydrous milk fat 17-Feb US$/t 5,527 5,463 1% 5,137 8%

a Global Dairy Trade prices are updated twice monthly on the first and third Tuesday of each month.

Note: Prices shown in this table are updated once a week on Thursday, except Global Dairy Trade prices which are updated twice monthly following the first and third Tuesday of each month.
Sources: See data attribution

Other resources

Updates and commentary on commodity price movements are also available from the NSW DPI Weekly Commodity Report.

Last reviewed: 25 February 2021
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