Favorable conditions in the Wimmera / Mallee regions, high yielding is expected this year. New South Wales and Northern Victoria has seen silage production beginning.
The crops in Goulburn / Murray Valley have lifted following the rain, the area had a dry week following a wet fortnight, where the region received over 80mm.
The ease in demand in New South Wales, Victoria, and South Australia are the result of the milder winter which has provided plenty of green feed throughout New South Wales, Victoria and South Australia.
10mm of rain was recorded over the past week in South West WA. This has been a favourable follow up to the 25-30mm received three weeks ago. Widespread rain has been recorded after several dry months; however, more rain is required to effectively finish the season off.
40-60mm of widespread has fallen in the Southeast SA. Crops continue to do well, however, more rain would be ideal at the end of September.
With the upcoming market to be loaded with hay, growers recognise that quality will be the major factor in finding a buyer this season.
Trading and Marketing
Silage has started in the Goulburn / Murray Valley, pasture and hay boosters will be going out once silage has been cut. There is very little demand in the area as winter has not been as harsh as first predicted.
There are still good supplies of local feed. Farmers are only buying what they need to get through.
Mallee and Wimmera areas are having good seasons, there will be plenty of cereal hay and vetch available to move into the Southwest.
Crops are up and doing well across New South Wales, Victoria, and South Australia. With most areas continuing to receive favorable consistent rain.
All prices remain steady this week.
|Cereal hay||+/- $0||$190-220||Steady|
|Lucerne hay||+/- $0||$450-500||Steady|
|Pasture hay||+/- $0||$250-330||Steady|
Confidence has been restored to the west following more significant rain. There is no demand at present and this is likely to remain until new season hay is available (supply that does not get exported).
Confidence amongst growers is accumulating, however, more rain is required before the end of September to finish off the season. The export industry continues to dominate the WA market and is a solid indicator on pricing. Exporters continue to seek out quality hay and as a result, will set the price in the market for quality hay.
Reasonable hectares have been planted for hay this year. Domestic requests mainly come from the south coast of WA and now with some rain that area has enough feed.
The end of September will be a telling point, more rain could produce above-average yields.
Demand will traditionally pick up in November after new season hay is in the bale. Currently, there is very little seller engagement but there are no inquiries either.
No changes to pricing to report this week as there is near zero availability of fodder.
|Cereal hay||+/- $0||$330-370||Steady|
|Lucerne hay||+/- $0||$450-490||Steady|
|Pasture hay||+/- $0||$200-220||Steady|
Demand remains very slow in region. Growers are looking to November and December for inquiries to pick up, this is all dependent on conditions going into summer.
Lamb growers in the area that have kept stock after the market dropped still have plenty of feed in paddocks.
No change to pricing this week.
|Cereal hay||+/- $0||$220-250||Steady|
|Lucerne hay||+/- $0||$330-350||Steady|
|Pasture hay||+/- $0||$180-200||Steady|
Pictures of 19/20 Season Crops
Hay: Oaten Hay JC-2 (Premium 1)
Specifications: Feels hard, no weather damage, fresh aroma, <1% Rye Grass, JC-1 colour (85% Green) and JC-1 stem size (<6mm), Water Soluble Carbohydrates 28.3%. Inspected 20/11/2019.
Location: Wal Wal, Victoria 3385
Pictures of 20/21 Season Crops
Hay: Oaten Hay
Specifications: Yallara Variety, estimated yield of 8mt/ha, soil moisture is great, seeding date 17/4/2020, expected cutting date 28/9/2020, estimated baling date 19/10/2020, inspected 1/6/2020
Location: Bears Lagoon, Victoria
Sources: Bureau of Meteorology, Dairy Australia, WX Maps, Lachstock Research, Weekly Times, Grain Central, Mecardo Expert Market Analysis, AFIA (Australian Fodder Industry Association) & Feed Central.
By Katie Lindkvist, Wingara AG.