Hay commentary

• Since last Wednesday’s rainfall, there has been light rain recorded in the Goulburn Valley region with Echuca recording 3mm, Shepparton 4mm, Benalla 7mm and Kyabram 1mm over the week.
• Crops in the region are a few weeks behind and are currently looking to be a below average year.
• Demand remains strong in the region and is coming from all along the eastern states. There is a lot of enquiry coming in for next seasons crops both from farmers looking to secure hay and from croppers. Supply in the region is limited
• Price changes have been noted this week.
• Cereal hay: +75 ($350 to $500/t). Prices have firmed this week.
• Lucerne hay: +/-0 ($400 to $600/t). Prices remain steady this week
• Straw: +45 ($160 to $180/t). Prices have firmed this week.
• Pasture hay: +85 ($330 to $410/t). Prices have firmed this week.

Notes:

Change in price is the change since the last report. Hay prices are delivered, GST exclusive, based on shedded hay without weather damage, of good quality and colour. It should be noted there is a wide variation in quality for hay, so prices are indicative for a mid-range product.

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.