Report

Gippsland

Chart
Table

Date	Gipps 21	Gipps 20	Gipps 5YA
08-Jan-21	140	300	234
15-Jan-21	110	300	234
22-Jan-21	110	300	234
29-Jan-21	110	300	234
05-Feb-21	110	305	228
12-Feb-21	110	305	228
19-Feb-21	110	248	228
26-Feb-21	110	190	228
05-Mar-21	110	200	221
12-Mar-21	110	210	221
19-Mar-21	110	210	221
26-Mar-21	110	210	221
02-Apr-21	110	210	223
09-Apr-21	110	210	223
16-Apr-21	110	210	223
23-Apr-21	110	210	223
30-Apr-21	110	210	223
07-May-21	110	210	237
14-May-21	110	210	237
21-May-21	110	210	237
28-May-21	110	210	237
04-Jun-21	110	210	250
11-Jun-21	110	210	250
18-Jun-21	110	175	250
25-Jun-21		140	250
02-Jul-21		140	258
09-Jul-21		140	258
16-Jul-21		140	258
23-Jul-21		140	258
30-Jul-21		140	258
06-Aug-21		140	272
13-Aug-21		140	272
20-Aug-21		140	272
27-Aug-21		140	272
03-Sep-21		140	282
10-Sep-21		140	282
17-Sep-21		140	282
24-Sep-21		140	282
01-Oct-21		140	304
08-Oct-21		140	304
15-Oct-21		140	304
22-Oct-21		140	304
29-Oct-21		140	304
05-Nov-21		140	304
12-Nov-21		140	304
19-Nov-21		140	304
26-Nov-21		140	304
03-Dec-21		140	244
10-Dec-21		140	244
17-Dec-21		140	244
24-Dec-21			244
31-Dec-21

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.

This report summarises the hay market for Gippsland, Victoria.

Commentary

The region has been recovering from heavy rainfall and flooding following an extreme weather event last week, with reports of 300mm falling in the southern parts.
Traralgon was one of the hardest hit locations by the storm. Farmers have started to receive hay from the northern and western Victoria to aid in the recovery process. The full extent of damage is yet to be determined.
Trade has been limited for some time. Ongoing rain and poor weather conditions for stock may see an increase in demand from farmers locally.
No change to prices this week.
Cereal hay: +/- ($250 to $290/t). Prices remain steady this week.
Lucerne hay: +/-0 ($550 to $650/t). Prices remain steady this week.
Straw: +/-0 ($70 to $85/t). Prices remain steady this week.
Pasture hay: +/-0 ($100 to $120/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.