Driving Prices Up
- 2022 predictions for a similar season are already being commentated on as we near the end of the year, with many growers and farmers already considering next years plantings. Costs including freight as well as predicted commodity prices will all be considered.
- Good quality cereal hay will be in short demand following two wet springs in many states during 2020 and 2021, as well as reduced plantings.
- Flooding in Central and Western New South Wales, water continues to lay on paddocks damaging lucerne stands and other grasses.
- Cattle market predictions for the new year could transverse several ways for the fodder industry, a possible dip making it affordable for more farmers to restock.
Driving Prices Down
- Varied qualities of fodder are currently on the market with new season hay being impacted by rain events across most states.
- Milder conditions and regular rainfall have seen paddock feed continue to do well, alleviating the need for farmers to supplement feed. Many also have good, conserved fodder of silage and hay for the coming months.
- Good irrigation stores that have built up during the year from timely rainfall as well as affordable temporary water mean many farmers can continue to water feed over the coming summer months.
- La Nina event where December to February is expected to bring above average rainfall and mild conditions for the eastern and central parts of the country further reducing the need for farmers to purchase extra feed over the summer months.
- Thunderstorm activity again this week for New South Wales and Victoria bringing rain and strong wind to central parts. Heavy Rain forecast for the coming weekend for Queensland and the North Coast of New South Wales.
- Recent flooding in Central West New South Wales declared a natural disaster now, those affected can report damage to their industry group with assistance being provided by a joint Commonwealth and State fund.
- Majority of hay now baled with growers now concentrating on grain harvest. Trade continues to be significantly down and will be until the new year before an anticipated increase takes place once farmers plan for the coming season.
- Growers and farmers are advised to stay vigilant with regards to mice, despite recent conditions of heavy rain.
- In the north demand in the Atherton Tablelands remains steady with a small amount moving locally. Following the ongoing rainfall in Northern QLD many parts including the Tablelands continue to have an influx of fresh grass. The Darling Downs region reporting one of the best seasons following good rainfall.
- New South Wales reporting good crops following timely rainfall. South Australia impacted by dryer conditions, further in the Southeast crops slow growing have turned around with reports of good yields. Hay season is all but complete in Northern Victoria.
- Western Australia recorded one of the best seasons breaks. Rain has been timely for the west this season. Varied qualities of cereal hay been produced this season due to continued rain during the spring. Prices remain strong for all fodder types in WA.
- Buyers are encouraged to feed test and view fodder before purchasing to be sure of the quality of the feed.