Hay Report - 6 May 2016

National Summary

  • This week, continued strong demand was noted in the nation’s South compared to a largely slow market across Northern regions.
  • The South’s continuously growing interest failed to result in any major price changes this week though, as prices appears to have settled somewhat following the last fortnight’s significant increases.
  • Reports continue to suggest that supply will go down to the wire this winter in a number of Southern areas and this is reflected in the number of buyers re-entering the market this week. As silage runs out and the weather cools off many farmers are again topping up sheds to ensure they’re covered ahead of time.
  • Despite comments that the summer rainfall, which fell steadily across much of the North’s coastal regions has stopped and the countryside begun to dry out, there is still limited interest from most farmers to buy fodder, as good availability of home grown fodder continues to provide a positive outlook.

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Hay Report - 29 April 2016

National Summary

  • Again this week we saw notably different levels of activity in the hay market between Northern and Southern regions. The most notable changes to price came from Southern regions which continue to experience strong demand for purchased fodder. On the contrary, a sluggish hay market in the North showed few signs of activity with reports indicating little interest.
  • While much of the North continues to enjoy good silage and pasture availability, reports this week show that the consistent rainfall received throughout summer has slowed and the North has started to dry out. Heading into winter it is expected that the arrival of cool weather will see this market get moving again.
  • Many buyers in the South are now having to look further afield to meet their fodder needs as local stocks begin to run low. As in most instances long-term contracts are being favoured by traders and sellers, we recommend getting in early to secure enough hay for the coming winter.

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Hay Report - 15 April 2016

National Summary

  • Across the nation this week there was a general trend of an increased demand for purchased fodder. This lines up with the start of winter, drying off of pasture in the North and cool temperatures with less feed in the South.
  • Most hay prices remained steady this week despite the rise in enquiry and orders. Reports indicate that many buyers are resisting any price increases due to limited cash flow.
  • Good pasture and silage availability continues to delay any immediacy or need for purchased fodder in the North but there continues to be indications that in some regions supply could be tight later in the year.
  • The South still holds the strongest demand for fodder around the country and recent rainfall has done little to slow this. While a lot of hay is yet to be moved in the South a good percentage of it is spoken for. Based on this we recommend getting onto your trusted supplier early if you have a known need for fodder in 2016.

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Hay Report - 1 April 2016

National Summary

  • There were limited changes to hay prices this week as the general trend of the market being described as slow continues in most parts of the nation.
  • It must be noted though that this week there was a noticeable rise in the enquiries for hay with a number of buyers looking to stock sheds as the weather cools off.
  • To the North, good pasture and silage availability continue to provide a positive outlook for farmers however, there was a noted concern over what feed options will be available come winter which resulted in an increased demand in some regions.
  • Heading South, while the demand for fodder remains is generally steady there are a number of regions where there is still strong demand. Some areas have received some early rains however this is yet to have an impact on the demand for fodder. Commentary from the market has suggested that increases in hay prices could occur in the next fortnight as silage stocks run out and more buyers re-enter the market.

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Hay Report - 18 March 2016

National Summary

  • There were few changes in the hay market across the nation this week as many regions continue to experience a lull in trading.
  • To the North, on and off rainfall continues to provide a positive outlook for farmers by topping up pasture availability to add to an already strong supply of hay. Reports indicate good volumes of silage are also yet to be touched keeping most farmers focused on home grown fodder.
  • The trend of an increased demand heading South continues this week as no relief came to ease dry conditions. Tight supply coupled with high priced fodder has restricted large changes to the market however, and sees a number of buyers sitting out of the market.

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Hay Report - 4 March 2016

National Summary

  • This week the generally slow hay market and lull in trading across much of the nation continued.
  • In the north this is driven by the good availability of both pasture and silage thanks to from good summer rainfall. As a result of this we expect limited demand for fodder from cattle farmers in the foreseeable future.
  • In the south many farmers continue to rely on hay and silage, both home grown and purchased, and have been noting that fodder stocks are lower than ideal for this time of year. This has led to talk of possible supply shortages that could exist without an early autumn break.
  • Reports have this week indicated that in the south, the current slow state of the market is expected to pick up in the coming fortnight and prices with it. This will be driven predominantly by silage supplies running low.
  • It should also be noted that there are still regions in the south experiencing high demand for hay, in contrast to the rest the nation, which continued this week and is expected to until after the break.

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Hay Report - 18 February 2016

National Summary

  • Limited change was noted in the national hay market this week with the contrast between northern and southern markets continuing. Recent rainfall has topped up pasture growth and benefiting both hay and silage stocks in the north, while storms have affected some southern areas most are still feeling the pinch when it comes to available pasture growth.
  • This week we have noted that generally speaking the market has slowed. This is partially driven by a reluctance of buyers to commit to current prices and in other areas we are seeing buyers sit out of the market as the season unfolds.

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Hay Report - 5 February 2016

National Summary

  • This week we saw a continuation of the contrast between hay markets in the north and south. Rainfall in the northern regions has resulted in a positive outlook on feed availability in the coming months by providing good pasture availability and limiting any real immediate need for bought in fodder. In the south talk of supply issues intensified late last week however commentary this week has shown this to be largely unfounded in most regions as good volumes of hay are still available at prices not unlike to dryer seasons in recent years.

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