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

• Rain fell in the Goulburn Valley this week with parts of the region recording between 20 and 50mm of rainfall.
• There is still lucerne being made in the Goulburn Valley, but most farmers have finished up. There are some farmers in the region who received water for fodder allocations who are using it for pasture or millet.
• New season hay has moved fast with many farmers in the region now sold out of cereal hay. A lot of the hay on the market is now lower grade. Demand for cereal hay is holding firm, largely coming from north of the region. Hay is being transported to fire affected areas and this includes some donated hay. A lot of lucerne in the region is being made into small squares. The quality of lucerne is varied which is reflected in the large price range.
• Price changes have been noted this week.
• Cereal hay: +20 ($320 to $380/t). Prices have firmed this week.
• Lucerne hay: +40 ($680 to $800/t). Prices have firmed this week
• Straw: +25 ($150 to $190/t). Prices have firmed this week.
• Pasture hay: +20 ($360 to $390/t). Prices have firmed 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.