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 Shepparton recording 18mm of rainfall, Echuca 18mm, Kyabram 19mm, Benalla 21mm and Yarrawonga 11mm. Light frosts were also reported.
• The Goulburn Valley is green and crops are looking very good. It is anticipated that if things continue as they are some cereal crops may produce 7t/ha. Early silage will start early next week. The main season will begin in 3-4 weeks.
• Demand has eased in the region and many farmers in the region are releasing more feed. Gassed rice straw and mouldy corn stubble are being carted into the region from the Riverina. There is a lot of hay moving from the region.
• It has been reported that corn stubble is available in the Goulburn Valley from $190/t.
• It has been reported there is gassed rice straw available in the region from $100/bale.
• It has been reported that there is some gassed rice straw silage available from $100/bale delivered locally.
• It has been reported there is some canola available in the region from $250/t on farm.
• Cereal, lucerne, pasture and straw prices have eased this week.
• Cereal hay: -65 ($300 to $420/t). Prices have eased this week.
• Lucerne hay: -140 ($450 to $520/t). Prices have eased this week
• Straw: -20 ($150 to $220/t). Prices have eased this week.
• Pasture hay: -150 ($270 to $330/t). Prices have eased 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.