Historical Returns

2025/26 Returns

The 2026 marketing year started with depressed values and a bearish market due to overall global market conditions and strong national Australian grain production. However, several bouts of volatility occurred over the course of the marketing year. Queensland and Northern New South Wales suffered a dry summer which pushed up northern feed grain values. In early March, diesel and fertiliser prices spiked as the Iran conflict commenced. This added pressure on logistical costs and rallied global grain markets. The conflict calmed mid-year before heating up again in recent months. The South East of Australia finally received a decent seasonal break in April/May and for the most part has performed well in Southern New South Wales, Victoria and South Australia. Over time, this weighed on grain prices as the outlook for production improved. We also saw a late season grain market price spike when the Ukraine – Russia conflict escalated which resulted in improved pricing over August and September of this year. 

Market volatility has been high this year due to global events and a stop/start rain season for much of Australia under the El Nino weather pattern. Overall, the Advantage programs performed their function well helping growers to avoid selling in the troughs between these periods of market price spikes. 

New South Wales

Victoria

South Australia