Atherton Tableland

Notes:

Commentary

• It remains a busy time for growers with corn harvest. Due to high moisture levels corn will be dried prior to storage. An average moisture level of between 17-18% makes drying cost effective compared to previous years where moisture levels were above 22%.
• The last of Rhodes pasture hay has been baled. Further rainy weather is predicted and may impact quality if stored outside.
• There continues to be plantings of sugar cane as growers attempt to balance continued high input costs with the need for a consistent guaranteed return.
• There are concerns around the vulnerability of the machinery supply chain. Lack of mechanics, machinery repair costs, long delays for new machinery, replacement parts and high input prices are deterring many growers from purchasing new machinery.
• Fuel prices increased to $2.29/litre, a ten-cent increase in the past week.
• Slow trade and low movement of fodder. Some increase in trade is expected as winter progresses.
• No change to pricing this week.
• Pasture (Rhodes Grass) hay: +/-0 ($300 to $400/t). Prices remain steady.
• Please note: Hay in the Atherton Tablelands is traditionally priced at $/bale, so it is important to check bale weights for conversion. The price range indicated is for feeds of varying quality with the price range generally indicative of quality of feed. We recommend feed testing and viewing of fodder before purchase to be sure of the quality of feed.