Feed Central Hay Market Report Feed Central

KEY POINTS

The extended market is looking for high quality Cereal Hay.
Some Growers missing first and second cuts of Lucerne in NSW.
General weather conditions continuing to effect Hay production and logistics.
There’s some Hay price hikes that may not be justified.

Key Points


Growers need to show urgency in providing product information to sell.
Samples of quality Hay are there to be had as we are seeing through our Quality Assurance system.
Buyers encourage to act now to secure quality.
Logistical and production issues have remained with continued rain throughout the past month, more forecasted to come.
First cut Lucerne looking great, likely to be good value with continuation of favourable seasonal conditions.
Despite favourable grazing conditions buyers are in the market.

Join us for the Hay Market Report with Jock Jackson & Cieran Maxwell.

KEY POINTS:

Hay quality predictions for new season product.

Where is the demand?

New season price discussion.

KEY POINTS:


Sporadic movements of hay
July Ex Farm Hay and Straw prices revealed
Hay making decisions are happening
Concerns about the availability of Vetch for the new season

KEY POINTS

Growers are making room for new season product by selling now at good prices.
Buying demands has stayed consistently low.
Prices drop on protein hay in NSW by at least – $20 per ton.
Mice begin to slow with the cold & wet weather in some areas.

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.