Read about hay and its contribution to farm inputs and costs.
National background comments: report for the week ending 12th October, 2018
The next update will be on Friday 26th October, 2018. Direct links to reports on each dairy region immediately follow this national summary for hay.
The previous week of weather has played the biggest influence to on-farm activity.
It has been a wet week in NSW, the Darling Downs and southeast South Australia. Southwest Victoria and the Goulburn Valley also received some rainfall.
This rain was welcomed in areas such as central west NSW, the Darling Downs and Bega who have been in need of a good drink; while for those in north coast NSW, the Goulburn Valley and some of those in southeast South Australia the rain has interrupted hay making.
We continue to see cereal hay prices change with easing in central west South Australia, while firming in the Goulburn Valley. There were no price changes noted this week in the Atherton Tablelands, north coast NSW, Bega, Gippsland, southwest Victoria, central west South Australia, Western Australia and Tasmania.
There is a lot of hay being transported around the country of varying quality. We caution buyers and recommend feed-testing and viewing fodder before purchasing to be sure of quality of feed.
Northern Australia - Summary
- New season hay is being made in the region and is starting to supply the market. Supply is limited with a lot of hay being carted into the region from the southern parts of the nation.
- Securing long term, reliable supplies of quality hay may well be an issue for the north as the year progresses with demand expected to be greater than supply.
- The Government has announced subsidies for transport of fodder, moving livestock and water infrastructure to support eligible farmers in NSW affected by drought. This can be backdated to 1st January 2018. For more information and to apply please visit www.dpi.nsw.gov.au/climate-and-emergancies/droughthub
Southern Australia - Summary
- New season hay has come into the market with limited carryover from last season and previous years.
- There is a large amount of canola crops and failed wheat crops that will be turned into hay and silage this season.
- The Government has announced subsidies for transport of fodder, moving livestock and water infrastructure to support eligible farmers in NSW affected by drought. This can be backdated to 1st January 2018. For more information and to apply please visit www.dpi.nsw.gov.au/climate-and-emergancies/droughthub.
Western Australia - Summary
- There is good growth in Western Australia and the domestic demand for fodder has eased.
- The export industry continues to dominate the WA market and is a solid indicator on pricing. Exporters continue to seek out quality hay and as a result, will set the price in the market for quality hay.
Price change in table below reflects moves since previous report (5th October 2018)