Driving Prices Up
- The continued wet weather across much of the eastern states has hampered hay production, particularly in NSW.
- Good quality cereal hay is in short supply, so it will be in high demand in the coming months.
- Rising production costs across fuel, chemicals and fertilisers are all factors being considered by growers for 2022 business decisions.
- High cattle prices and the potential impact on fodder needs are being monitored.
Driving Prices Down
- Green feed from summer rain will continue to keep trade down.
- Summer rain has impacted the quality of available fodder from most States.
- Good rainfall has been recorded across much of eastern Australia which will reduce feed needs during the season.
- The latest Drought Statement from the Bureau of Meteorology has declared no formal drought conditions are currently being monitored following record rainfall in November.
- Trade in hay continues to be significantly down.
- In the north, ex-tropical cyclones Tiffany and Seth have delivered rain in the Atherton Tablelands and the Darling Downs. Disaster assistance for those affected by flooding associated with ex-Tropical Cyclone Seth in some Queensland local government areas is available here.
- Rain throughout NSW has seen challenging conditions for hay production.
- In Southwest Victoria the dry start to the year continues, but with reasonable soil moisture profiles, late summer plantings are occurring in some areas.
- South Australia and Tasmania are looking for summer rains after a dry start to 2022.
- The Australian Plague Locust Commission is keeping a close eye on locust numbers through the South West of NSW after recent monitoring found high numbers of adults around Jerilderie and Deniliquin.
- CSIRO predicts that a repeat of the horror mice plague that ravaged Central West NSW in 2021 is unlikely, however farmers in other parts of the nation, such as the Mallee in both Victoria and South Australia should remain vigilant.
- Buyers are encouraged to feed test and view fodder before purchasing to be sure of the quality of the feed.