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Weekly commodity price update

Commodity price charts

World market indicators

World agricultural prices

Charts of selected world agricultural market indicator prices.

Australian market indicators

Australian agricultural prices

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 – 8 May 2025

IndicatorWeek endedUnitLatest PricePrevious WeekWeekly changePrice 12 months agoAnnual change
Selected world indicator prices
AUD/USD Exchange rate07-MayA$/US$0.650.641%0.66-2%
Wheat – US no. 2 hard red winter wheat, FOB Gulf07-MayUS$/t2412400%288-16%
Corn – US no. 2 yellow corn, FOB Gulf07-MayUS$/t205211-3%1964%
Canola – Rapeseed, Canada, FOB Vancouver07-MayUS$/t5435400%5165%
Cotton – Cotlook A Index07-MayUSc/lb79780%86-8%
Sugar – Intercontinental Exchange, nearby futures, no.11 contract07-MayUSc/lb18171%19-7%
Wool – Eastern Market Indicator07-MayAc/kg clean1,1911,210-2%1,1385%
Wool – Western Market Indicator07-MayAc/kg clean1,3531,363-1%1,2736%
Selected Australian grain export prices
Australian Premium White (APW) Wheat, FOB Port Adelaide, SA07-MayA$/t3983961%417-4%
Australian Standard White (ASW) Wheat, FOB Port Adelaide, SA07-MayA$/t3933911%404-3%
Feed Barley – FOB Port Adelaide, SA07-MayA$/t3753731%3760%
Canola – FOB Kwinana, WA07-MayA$/t781789-1%7514%
Grain Sorghum – FOB Brisbane, QLD07-MayA$/t4394361%451-3%
Selected domestic livestock indicator prices
Beef – Eastern Young Cattle Indicator07-MayAc/kg cwt707713-1%60916%
Mutton – Mutton indicator (18–24 kg fat score 2–3), VIC07-MayAc/kg cwt6015990%284112%
Lamb – National Trade Lamb Indicator07-MayAc/kg cwt8398390%66626%
Pig – Eastern Seaboard (60.1–75 kg), NSW buyer price23-AprAc/kg cwt4474480%4148%
Live cattle – Light steers to Indonesia07-MayAc/kg lwt345350-1%3334%
Global Dairy Trade (GDT) weighted average prices a
Dairy – Whole milk powder07-MayUS$/t4,3744,1715%3,37929%
Dairy – Skim milk powder07-MayUS$/t2,8282,7951%2,5909%
Dairy – Cheddar cheese07-MayUS$/t5,5194,92312%4,24830%
Dairy – Anhydrous milk fat07-MayUS$/t7,2126,8385%7,2450%

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.

FOB: Free on board means that a seller pays for transportation of the goods to the port of shipment, plus loading costs.

Sources: See data attribution

Other resources

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

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Page last updated: 08 May 2025

We acknowledge the continuous connection of First Nations Traditional Owners and Custodians to the lands, seas and waters of Australia. We recognise their care for and cultivation of Country. We pay respect to Elders past and present, and recognise their knowledge and contribution to the productivity, innovation and sustainability of Australia’s agriculture, fisheries and forestry industries.

Artwork: Protecting our Country, Growing our Future
© Amy Allerton, contemporary Aboriginal Artist of the Gumbaynggirr, Bundjalung and Gamilaroi nations.

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