Hay commentary

• The Goulburn Valley welcomed some much needed rainfall this week. Echuca recorded 15mm, Shepparton 18mm, Benalla 23mm, Yarrawonga 9mm and Kyabram 22mm.
• Rain in the region has allowed crops to survive however growth is slow and these crops are behind.
• Demand for fodder remains strong in the Goulburn Valley and supply is limited. Hay is becoming increasingly difficult to source.
• Prices changes have been noted this week.
• Cereal hay: +105 ($250 to $450/t). Prices have firmed this week.
• Lucerne hay: +150 ($400 to $600/t). Prices have firmed this week
• Straw: +/-0 ($100 to $150/t). Prices remain steady this week.
• Pasture hay: +80 ($220 to $350/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.