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Feed Central National Hay Market Report November 2020

November 12, 2020No CommentsHarriette
By Tim Ford, Managing Director, and Jock Jackson, Account Manager

Key Points

  • Lower hay production this year compared to recent years – more tonnes per hectares, but a significant reduction on hectares being cut.
  • The industry has avoided an oversupply problem that often happens when coming out of a drought.
    Extensive weather damage to hay crops so far this year, especially through NSW and VIC.
  • In these challenging haymaking conditions, growers experience and machinery can make a big difference to final hay quality.
  • Increase in silage production for on-farm use.
    Higher moisture levels causing downgrades and risk of self-combustion.
  • Opportunity to make Lucerne hay as the price of some irrigation water drops. Buyers are eagerly awaiting a readjustment of the Lucerne price prior to committing.
  • Opportunity for dryland Lucerne and southern pasture hay due to solid rainfall in southern NSW and VIC.
    Patience is required in making and marketing hay – demand is moderate and is expected to pick up in Autumn/ Winter 2021.
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