20 May 2020
|Date||DD 23||DD 22||DD 5YA|
Notes:Change in price is the change since the last report. Hay quoted is sourced and delivered locally, GST exclusive unless stated otherwise. It should be noted that local prices quoted may not be the cheapest available, sourcing it from another region may be more affordable, and buyers are encouraged to evaluate all options. Prices are indicative to a mid-range shedded product, and based on the best indication of market value at the time of reporting. It should be noted there is a wide variation in quality of hay, prices for a mid-range product will not reflect the weighted average of trade. Prices will naturally vary based on the product quantity and quality, buyer/seller relationship and the size of the trade.
The hay report has been commissioned by Dairy Australia to provide an independent and timely assessment of hay markets in each dairy region. This report is created using data provided by the Australian Fodder Industry Association (AFIA). It should be remembered that actual prices may vary for quality or other reasons. Whilst all reasonable steps have been taken to ensure the accuracy of the information contained in this report, Dairy Australia disclaims all liability to the fullest extent permitted by Australian law for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends all persons seek independent advice and, where appropriate, advice from a qualified advisor before making any decisions about changes to business strategy.
- After very dry conditions, this week saw an extended period of moderate to heavy widespread rainfall across the region with falls of 60mm of rain in Toowoomba and 35mm in Condamine. This rain fell steadily over a number of days and did lead to some limited riverine flooding. Temperatures are much cooler than average for this time of year.
- With the recent rainfall, producers are expecting to see a lot more green in the pastures across the region. Some re-greening had begun before the most recent rainfall event and reasonable green feed is expected to appear in pastures fairly soon.
- With the deep soaking rains that have been falling this week, the optimism for the summer cropping program has lifted, with growers planning to move into planting once the rainfall has petered out. Forage sorghum crops in the region which had been recently planted are taking advantage of the rainfall, and dryland areas are looking very promising for the start of the sowing program.
- Any remaining crops that had not been harvested before the rain event are going to see major yield downgrades. However, most growers indicate that they had finished harvest, and the rain will be beneficial for boosting forage crops such as lucerne and grass pastures.
- While recent rain will lift the availability of moisture in both dams and soils, it will take some time for that to move into pasture growth, so enquires for fodder supplies continue to be sourced to keep herds fed and healthy. Feedlots continue to drive demand to finish off higher than usual livestock on hand.
- Some change to pricing this week.
- Cereal hay: +/-0 ($230 to $320/t). Prices remain steady this week.
- Lucerne hay: -5 ($ ($360 to $420/t). Prices decrease this week.
- Straw: -5 ($90 to $120/t). Prices decrease this week.
- Pasture hay: +/-0 ($260 to $315/t) Prices remain steady this week.
- Please note: Unless stated otherwise, prices are per tonne, sourced and delivered locally. 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.