Feed Central Hay Market Report: Recent Episodes
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.