Notes:

Change in price is the change since the last report. Hay quoted is sourced locally, delivered locally, GST exclusive. 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

• Wednesday broke the long dry period for many in central South Australia, with a storm passing over some parts the region. Other parts of the region remain dry and recorded no rainfall.
• Farmers welcomed the rain this week. Some farmers in the region sewed crops in December such as vetch and subzero and it is hoped these rains will improve these crops.
• Demand is strong in the region. It has been reported that stock area taking well to canola hay and the feed tests on this vary. Canola which has had nitrogen spread with the anticipation of rain is not testing as well as those crops that have not been treated with nitrogen. There is limited feed available in the region.
• It has been reported that there is canola hay available in the region for $300-$350/t on farm.
• Cereal and Lucerne hay have prices have firmed this week.
• Cereal hay: +10 ($300 to $370/t). Prices have firmed this week.
• Lucerne hay: +/-0 ($420 to $500/t). Prices remain steady this week.
• Straw: +/-0 ($160 to $250/t). Prices remain steady this week.
• Please note unless stated otherwise, prices are per tonne, delivered and sourced 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.