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Straw interest grows: This week, there’s a noticeable increase in straw demand across Victoria, and parts of NSW and SA. Straw is now about $200/t cheaper than oaten hay, and it is enjoying its highest popularity since November. Barley straw from header trailings is especially popular because it offers better digestibility and higher energy.
Pasture hay on the rise: Pasture hay prices have climbed again after a steady fortnight. Many are holding out for rain, particularly in the dry southern regions. This trend might continue until regular rainfall kicks off hay seed germination.
Price jumps in Southwest Victoria: Ongoing analysis suggests a growing shortage of feed, which has pushed fodder prices up significantly in Southwest Victoria.
No price drops yet: Like last week, there is no sign of prices dropping. However, we are keeping an eye on the USA’s tariffs being imposed on Australia, which might impact fodder prices if the export meat market takes a hit.
Buyers are encouraged to feed test and view fodder before purchase to ensure the quality of feed.