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.

Hay commentary

• Central South Australia received its first large rain event of the year with much of the region recording at least 40mm. The rainfall was widespread and with more rain forecast the outlook for the region has improved.
• Crops in the region have germinated and are looking good despite the prolonged dry conditions. The rain event this week will be very beneficial to these crops.
• The rain has eased local demand. It is postulated that more feed may come onto the market with the rains. External demand remains very strong. Supplies are limited with most feed now spoken for.
• Cereal hay and Lucerne prices have firmed this week.
• Cereal hay: +40 ($400 to $440/t). Prices have firmed this week.
• Lucerne hay: +45 ($520 to $600/t). Prices have firmed this week.
• Straw: +/-0 ($200 to $250/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.

This report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain and hay markets in each dairying region. 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, to the fullest extent permitted by Australian law Dairy Australia disclaims all liability for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends that all persons seek independent advice and, where appropriate, advice from a qualified adviser, before making any decisions about changes to business strategy.