Wheat — Producer Price in Australia

Australia: Wheat — Producer Price was 315.1 LCU in 2024. ▲ Rising

Latest (2024)
315.1 LCU
Change on year
down 4.1%
World rank
72nd
of 93 countries
All-time high
390 LCU
in 2008
All-time low
132 LCU
in 1991
Years of data
34
1991–2024

Wheat — Producer Price in Australia, 1991–2024

1002003004001991200720241991: 132 LCU1992: 199 LCU1993: 181 LCU1994: 174 LCU1995: 237 LCU1996: 260 LCU1997: 212 LCU1998: 198 LCU1999: 187 LCU2000: 195 LCU2001: 232 LCU2002: 262 LCU2003: 266 LCU2004: 216 LCU2005: 197 LCU2006: 203 LCU2007: 242 LCU2008: 390 LCU2009: 281 LCU2010: 218 LCU2011: 257 LCU2012: 227 LCU2013: 313 LCU2014: 316 LCU2015: 300 LCU2016: 277 LCU2017: 231 LCU2018: 272 LCU2019: 352 LCU2020: 341.7 LCU2021: 308.6 LCU2022: 362.7 LCU2023: 328.5 LCU2024: 315.1 LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

In 2024, wheat — producer price in Australia stood at 315.1 LCU.

The figure is down 4.1% on the previous year and down 0.3% over ten years.

Over the whole period, wheat — producer price in Australia peaked at 390 LCU in 2008 and was at its lowest, 132 LCU, in 1991.

Australia ranks 72nd of 93 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Wheat — Producer Price in Australia, year by year

Annual values for Wheat — Producer Price (LCU/tonne) in Australia, 1991 to 2024.
Year LCU Change
1991 132 LCU
1992 199 LCU +50.8%
1993 181 LCU -9.0%
1994 174 LCU -3.9%
1995 237 LCU +36.2%
1996 260 LCU +9.7%
1997 212 LCU -18.5%
1998 198 LCU -6.6%
1999 187 LCU -5.6%
2000 195 LCU +4.3%
2001 232 LCU +19.0%
2002 262 LCU +12.9%
2003 266 LCU +1.5%
2004 216 LCU -18.8%
2005 197 LCU -8.8%
2006 203 LCU +3.0%
2007 242 LCU +19.2%
2008 390 LCU +61.2%
2009 281 LCU -27.9%
2010 218 LCU -22.4%
2011 257 LCU +17.9%
2012 227 LCU -11.7%
2013 313 LCU +37.9%
2014 316 LCU +1.0%
2015 300 LCU -5.1%
2016 277 LCU -7.7%
2017 231 LCU -16.6%
2018 272 LCU +17.7%
2019 352 LCU +29.4%
2020 341.7 LCU -2.9%
2021 308.6 LCU -9.7%
2022 362.7 LCU +17.5%
2023 328.5 LCU -9.4%
2024 315.1 LCU -4.1%

Averages by decade

DecadeAverage LowestHighest Years
1990s 197.78 LCU 132 LCU 260 LCU 9
2000s 248.4 LCU 195 LCU 390 LCU 10
2010s 276.3 LCU 218 LCU 352 LCU 10
2020s 331.32 LCU 308.6 LCU 362.7 LCU 5

Countries ranked near Australia

  1. 69 Azerbaijan 370 LCU compare
  2. 70 Oman 357.5 LCU compare
  3. 71 Cyprus 330.6 LCU compare
  4. 73 Italy 306 LCU compare
  5. 74 Canada 298.8 LCU compare
  6. 75 Greece 253.7 LCU compare

See the full ranking of 100 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is wheat — producer price in Australia?
Wheat — producer price in Australia was 315.1 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — producer price recorded in Australia?
The highest recorded value was 390 LCU in 2008.
What is the lowest wheat — producer price recorded in Australia?
The lowest recorded value was 132 LCU in 1991.
How does Australia rank for wheat — producer price?
Australia ranks 72nd out of 93 countries with data for 2024.
Is wheat — producer price rising or falling in Australia?
Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.

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Wheat — Producer Price in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 31 August 2026, from https://economy.statizoid.com/stat/wheat-producer-price-lcu-tonne-2/australia/

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About this data

Indicator
Wheat — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
100 places, 2,839 data points, 1991–2025
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.