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Grain · Financial · Market

Price received

$345/t APW blended

The average $/t your grain actually earned, split by crop and grade, and read against cost of production to give your margin per tonne. Basis — the gap between your farm-gate price and the port indicator — is the part of the price you can manage through storage and timing.

Worked example · $/t by grade · vs $248 breakeven
Cost of production $248 $345 $332 $292 Wheat APW Barley malt Feed
$/t by grade · vs $248 breakeven
The benchmark

Grain prices are cyclical and grade-driven — benchmark your $/t against the port and track price against your own cost of production rather than a fixed number, since the milling-to-feed spread alone can be $40–100/t.

Grain Trade Australia ↗
What it signals

A widening gap to the market indicator signals better marketing — meeting spec, storing to sell into stronger windows, capturing basis — not just a better market. It turns the same tonnes into more income.

Data required to calculate
Gross sales by parcel$Tonnes sold by gradet

Silo pulls each of these from the sources the operation already uses, and keeps the figure current automatically.

How to improve it
01

Sell to grade and spec to avoid feed discounts on milling-quality grain.

02

Use on-farm storage to sell into stronger price windows, not at harvest.

03

Manage basis and freight to lift the farm-gate share of the port price.

Questions & answers

What is price received?

The average $/t your grain actually earned, split by crop and grade, and read against cost of production to give your margin per tonne. Basis — the gap between your farm-gate price and the port indicator — is the part of the price you can manage through storage and timing.

What data do you need to calculate price received?

You need: Gross sales by parcel ($), Tonnes sold by grade (t). Silo pulls each of these from the sources the operation already uses and keeps the figure current automatically.

What is a good price received benchmark?

Grain prices are cyclical and grade-driven — benchmark your $/t against the port and track price against your own cost of production rather than a fixed number, since the milling-to-feed spread alone can be $40–100/t.

How do you improve price received?

Sell to grade and spec to avoid feed discounts on milling-quality grain. Use on-farm storage to sell into stronger price windows, not at harvest. Manage basis and freight to lift the farm-gate share of the port price.

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