The challenges and the unknowns in the coming season will have an effect on Hay prices. Supply and quality levels could be impacted by seasonal conditions. Higher yielding crops tend to have poorer feed test results and can lodge prior to cutting.
Fodder Market Outlook Summarised:
» Return to historically lower price positions
» Cereal Hay $140-250* per tonne ex farm
» Straw $50-$120* per tonne ex farm
» Lucerne $220-320* per tonne ex farm
» Vetch $170-230* per tonne ex farm
» Mixed low legume content pasture Hay, summer forages and Canola earn approximately $30* less (per tonne) than cereals.
» Forage sorghum Hay can trade between $30-50* (per tonne) below Cereal Hay. Feed test, visual quality, bale weights and location will have an impact on the above numbers.
*Disclaimer: These prices are an indication and general guide only. Hay can be differentiated in value on location, visual grades, Feed Test, storage, and bale weights. We strongly recommend that growers Visit www.feedcentral.com.au regularly for market updates or contact our team to discuss their product. Keep an eye on our monthly Hay market reports to appropriately price your product throughout the season.
Buyers Update (by Tim Ford) Trade was brisk up until the middle of last week and then slowed to take a breath as the current weather front unfolds. This is quite typical of the Fodder market, but even as I pen this brief report, enquiries are building again; I
Buyers Update (by Tim Ford) The rain has fallen, bringing the season break for many in the south. The western QLD rain is of particular note, with many receiving around 200mm this week and breaking long term historical records. For many out there, this has been drought breaking rain
Buyers Update (By Neville Janke) There sure is a spring in the step of buyers at the moment. Yes, we are noticing a lot of market activity and it is very welcome. Buyers are looking at different lots and making plans for winter feeding, as night-time temperatures slowly start