What is the price of wheat per kilogram/pound in Australia today?
The retail price range for Australia wheat is between US$ 0.59 and US$ 1.98 per kilogram or between US$ 0.27 and US$ 0.90 per pound(lb). Click here to see today's exact prices of wheat in Australia
The retail price range in Australian Dollar for wheat is between AUD 0.89 and AUD 2.97 per kilogram or between AUD 0.40 and AUD 1.35 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia wheat is between US$ 0.41 and US$ 1.38 per kilogram or between US$ 0.19 and US$ 0.63 per pound(lb).
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Australia Wheat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Wheat from Australia over the last five years has seen a steady decline. In 2017, the price was 0.22 US $ per kg, and in 2021, it was 0.28 US $ per kg. This indicates a decrease of 0.06 US $ per kg over the five year period. The lowest price was in 2016, when the export price was 0.23 US $ per kg. The highest price was in 2022, when the export price was 0.35 US $ per kg. Based on the current trend, it is predicted that the export price of Wheat from Australia in 2023 will be 0.27 US $ per kg and in 2024 will be 0.26 US $ per kg.The wheat exports from Australia are categorised as:
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Wheat gluten, whether or not dried (HS code 110900)
- Durum wheat (HS code 100110)
- Durum wheat seed for sowing (HS code 100111)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
Australia Wheat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Wheat into Australia over the last five years has been relatively stable. In 2017, the price was 0.22 US$ per kg, followed by 0.26 US$ per kg in 2018. In 2019, the price increased to 0.28 US$ per kg, before dropping to 0.27 US$ per kg in 2020. The price then rose again to 0.28 US$ per kg in 2021. The latest data shows that the import price per kilogram of Wheat into Australia is 0.35 US$ per kg in 2022. Based on the current trend, it is likely that the import price per kilogram of Wheat into Australia will remain stable in 2023 and 2024, with an estimated price of 0.35 US$ per kg and 0.36 US$ per kg respectively.Export values for Australia wheat
The total values in export for wheat in Australia were US$ 3,802,405, US$ 4,859,793, US$ 3,287,215 and US$ 2,712,702 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Australia: Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet, Canary seed & Fonio.
See prices of wheat in other countries across Oceania: Fiji wheat, French Polynesia wheat, Guam wheat, Micronesia wheat, New Caledonia wheat, Papua New Guinea wheat, Samoa wheat, Solomon Islands wheat, Tonga wheat & Vanuatu wheat.
Australia wheat - Production, Exports, Imports, Seasons and HS Codes
The amount of wheat sold by Australia in 2020 was 10,604,880 tonnes. In 2019 Australia sold 9,793,077 tonnes of wheat. In 2019 alone, the market for Australia wheat (cereals/grains category) has shrunk, with a change of -22.476 per cent compared to the year 2018. Between 2017 and 2019, wheat's exports went down by -55.89 percent netting the exporter US$2,712.70m for the year 2019. Australia's wheat exports are classified as:
- Wheat gluten, whether or not dried (HS code 110900)
- Wheat and meslin (excluding durum wheat) (HS code 100190)
- Durum wheat (HS code 100110)
- Wheat (excl durum) & meslin (HS code 1001Xb)
- Durum wheat seed for sowing (HS code 100111)
- Seed of wheat and meslin, for sowing (excluding durum) (HS code 100191)
- Durum wheat (excluding seed for sowing) (HS code 100119)
- Wheat and meslin (excluding seed for sowing, and durum wheat) (HS code 100199)
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Australia wheat export values
In 2019, Australia supplied wheat worth 2,712.70m USD, a contraction of -17.48% from 2018's total wheat export of 3287.215m USD. The annual change in value of Australia wheat between 2017 to 2018 was -32.359 per cent.
The yearly change in the amount of Australia's wheat exports between 2017 and 2019 was -55.89 pc in comparison to a variation of -22.476% in the period between 2018 and 2019.
Export markets for Australia wheat ( in '000$ )
Australia's best performing export markets for wheat are New Zealand, Tanzania, Mauritius, Vanuatu and Indonesia.
Australia brought in 503,563 tonnes of wheat in 2019.
Production
The production of wheat in Australia was 140,780,480 tonnes in 2019 and is estimated to change by an average of -15.97%. The country had an estimated 83,218,168.00 hectares under wheat cultivation.