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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 – 23 June 2022

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

Selected world indicator prices

AUD/USD Exchange rate 22-Jun A$/US$ 0.70 0.70 0% 0.76 -7%
Wheat – US no. 2 hard red winter wheat, fob Gulf 22-Jun US$/t 453 482 -6% 284 59%
Corn – US no. 2 yellow corn, fob Gulf 22-Jun US$/t 348 343 2% 291 20%
Canola – Rapeseed, Canada, fob Vancouver 22-Jun US$/t 864 927 -7% 714 21%
Cotton – Cotlook 'A' Index 22-Jun USc/lb 161 163 -1% 96 67%
Sugar – Intercontinental Exchange, nearby futures, no.11 contract 22-Jun USc/lb 18.8 18.8 0% 18 7%
Wool – Eastern Market Indicator 08-Jun Ac/kg clean 1,474 1,420 4% 1,342 10%
Wool – Western Market Indicator 06-Apr Ac/kg clean 1,417 1,421 0% 1,222 16%

Selected Australian grain export prices

Milling Wheat – APW, Port Adelaide, SA 22-Jun A$/t 628 629 0% 376 67%
Feed Wheat – ASW, Port Adelaide, SA 22-Jun A$/t 594 595 0% 372 60%
Feed Barley – Port Adelaide, SA 22-Jun A$/t 555 553 0% 329 69%
Canola – Kwinana, WA 22-Jun A$/t 1,215 1,238 -2% 733 66%
Grain Sorghum – Brisbane, QLD 22-Jun A$/t 475 470 1% 376 26%

Selected domestic livestock indicator prices

Beef – Eastern Young Cattle Indicator 22-Jun Ac/kg cwt 1,070 1,107 -3% 898 19%
Mutton – Mutton indicator (18–24 kg fat score 2–3), Vic 22-Jun Ac/kg cwt 657 688 -5% 659 0%
Lamb – Eastern States Trade Lamb Indicator 22-Jun Ac/kg cwt 771 788 -2% 812 -5%
Pig – Eastern Seaboard (60.1–75 kg), average of buyers & sellers 30-Mar Ac/kg cwt 368 357 3% 347 6%
Goats – Eastern States (12.1–16 kg) 12-Jan Ac/kg cwt 879 879 0% 818 8%
Live cattle – Light steers ex Darwin to Indonesia 01-Jun Ac/kg lwt 480 480 0% 320 50%
Live sheep – Live wethers (Muchea WA saleyard) to Middle East 20-Apr $/head 113 113 0% 122 -7%

Global Dairy Trade (GDT) weighted average prices a

Dairy – Skim milk powder 22-Jun US$/t 4,276 4,240 1% 2,373 80%
Dairy – Cheddar cheese 22-Jun US$/t 4,875 5,365 -9% 4,115 18%
Dairy – Anhydrous milk fat 22-Jun US$/t 5,913 6,201 -5% 3,973 49%

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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Last updated: 23 June 2022

© Department of Agriculture, Water and the Environment

We acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past, present and emerging.