Prices refer to bulk sales of grain delivered to Sydney region. Export prices for coarse grains are the average unit fob value of Australian exports recorded by the Australian Bureau of Statistics. Prices quoted only for months in which sizable export volumes were recorded. International prices are obtained from the Unicom Newswire service in US$ and converted to A$ using monthly average of daily exchange rates.
** Export unit values do not reflect current market prices but the average price received for grain exported over the quarter. Generally, there can be a long lag time between when prices were negotiated by exporters and the physical export of product. * Average of daily offer prices made in US$, converted to A$ using monthly average of daily exchange rates. s ABARE estimate. Note: Prices used in these calculations exclude the GST.