9 min
National Hay Market Report June 2021 Feed Central Hay Market Report
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- Business
KEY POINTS
Mice continue to run rampant in NSW and other regions.
There has been some increased demand for hay in Victoria & South Australia.
Demand remains low for hay into Backgrounding, Dairies throughout the majority of NSW and southern QLD. However, a market for protein hay is proving reasonably strong.
Protein hays & high-quality Vetch is hard to find, however, quality Lucerne is still available.
Cattle herds continue to grow, although a long road ahead remains for herd rebuilding nationwide. Some Beef Producers are taking advantage of the high cattle prices and opting to sell their herd instead of supplementary feeding.
Prices paid for cattle continue to put a squeeze on feeding margins.
The hay buyers that are in the market are looking for quality and quality only.
KEY POINTS
Mice continue to run rampant in NSW and other regions.
There has been some increased demand for hay in Victoria & South Australia.
Demand remains low for hay into Backgrounding, Dairies throughout the majority of NSW and southern QLD. However, a market for protein hay is proving reasonably strong.
Protein hays & high-quality Vetch is hard to find, however, quality Lucerne is still available.
Cattle herds continue to grow, although a long road ahead remains for herd rebuilding nationwide. Some Beef Producers are taking advantage of the high cattle prices and opting to sell their herd instead of supplementary feeding.
Prices paid for cattle continue to put a squeeze on feeding margins.
The hay buyers that are in the market are looking for quality and quality only.
9 min