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

• Patchy rain fell in the Goulburn Valley this week with Shepparton recording about 5mm of rainfall, Echuca 8mm, Benalla 12mm, Yarrawonga 13mm and Kyabram only recording a light drizzle. Strong winds were also reported in parts of the region.
• Some farmers are still baling straw. Lucerne continues to be made in the region.
• New season hay is moving fast with a lot of the cereal hay in the region now committed. There is some weather damaged hay on the market. There is a high demand for cereal hay largely coming from north of the region. 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. Some farmers are locking in straw prices off the back of the baler.
• It has been reported that there is vetch being delivered to the region from the Mallee from $380/t
• Price changes have been noted this week.
• Cereal hay: +10 ($230 to $300/t). Prices have firmed this week.
• Lucerne hay: +/-0 ($510 to $800/t). Prices remain steady this week
• Straw: +/-0 ($120 to $160/t). Prices remain steady this week.
• Pasture hay: +/-0 ($250 to $370/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.