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Grain prices

Weekly Australian port prices for wheat, barley and canola, monthly world wheat and cotton in Aussie dollars, and how much grain it takes to buy your fertiliser.

1.17 twheat buys 1 t urea (Sep 2026)
3.04 tpeak, Apr 2026
2.31 twheat buys 1 t DAP

Australian port prices this week

This week's Australian port prices aren't available yet. We publish them from the ABARES weekly update each Thursday evening. Until then, see the ABARES weekly price update.

Source: ABARES, Weekly Australian Climate, Water and Agricultural Update, CC BY 4.0.

Wheat vs fertiliser

Tonnes of wheat it takes to buy one tonne of urea or DAP, from monthly world prices. Lower is better for growers.

Line chart: tonnes of wheat to buy a tonne of urea rose from about 1.3 in 2024 to 3.04 in April 2026 and was 1.17 in Sep 2026; DAP shown alongside.

Sources: World Bank Pink Sheet (CC BY 4.0); RBA exchange rates. AgIndex analysis. Oct 2023 to Sep 2026.

World prices in Aussie dollars (Sep 2026)

CommoditySep 2026Aug 2026
Wheat, US hard red winterA$497/tA$461/t
Cotton, A IndexA$3,010/t (95.2 USc/lb)A$2,944/t
Urea (for comparison)A$584/tA$544/t
DAP (for comparison)A$1,147/tA$1,107/t

Source: World Bank Commodity Price Data (Pink Sheet), CC BY 4.0, converted to A$ with RBA monthly exchange rates (CC BY 4.0). US dollar benchmarks, not Australian farmgate prices.

General information only, not trading or financial advice. Prices are benchmarks; your local cash price will differ. Check with your buyer before selling.