It has been a cracker year! We want to thank you all for your support over 2016 and we look forward to partnering with you in 2017 and beyond!
Just finally, with the Hay Harvest season well underway we wanted to summarise the market and quality for you and let you know some important information that is happening within the industry.
The Market Wrap
Volume of cereal hay remains high. Quality is inconsistent, farm to farm.
Green, Green Cereal Hay ($100 note hay) is less than 10% of volume and will be highly sort after.
Straw is plentiful except on darling downs where short crops from late plantings are commonplace.
Lucerne supplies are tight short term but will increase in coming months.
CNSW lucerne have been flooded and wiped out. This area does influence the market with cheap & high quality dry land lucerne. Volumes are now decreased from this area compared to expectations in winter.
Demand is low with grass growing and the feedlot / dairy sectors are only buying smaller parcels.
Good buying opportunities exist to pick up parcels from motivated sellers.