The Farm Tender Hay Report – FNQ floods show us Farming is a tough game

FNQ floods show us Farming is a tough game

Terrible news about the floods in FNQ and all the Cattle deaths. For those in that situation, we are all thinking of you.

We go around the grounds to see what our Farm Tender Hay Sales people have to say:
Shane Ruyg - Vic Mallee based
Shane said - Demand at another level, Canola Hay popular in NSW with protein component allowing growers to use less cottonseed and other additives, Dry conditions up North an South (NSW) continuing the uncertainty for Livestock Farmers with most buying enough to get them through another month before looking at destocking. Lots of new Hay coming on the market with sellers seeing more demand and higher pricing.  Not sure there is going to be enough Hay to go around this year as there is not the stockpiles around. Queensland demand is starting to increase also due to floods, and the Government is looking at subsidies for freight etc..

Bonnie Kenner - Central Vic based
Bonnie said - Hay enquiries are increasing, both cereal and pasture Hay pretty popular at the moment. Good quality Lucerne and Vetch Hay getting harder to find. Prices staying firm and some of the volume buyers are looking to secure large parcels.

Mike Pickard - Southern Queensland based
Mike said - Hay stocks are getting very low across the Darling Downs. Some inquiry from Northern NSW, Farmers unwilling to pay large freight bills, so they are looking for closer options. A lot of Buyers are buying on Protein/ME results and only want good quality, having a Hay test is going to be very beneficial. Possible Sorghum Crops/Stubbles coming on to market for Hay in the next couple of weeks. Please get your Sorghum Hay/Straw tested for Prussic Acid which can be done at Feed Central at Toowoomba

Paul Grayling - Northern Vic based
Paul said - Enquiry for Hay is on the way up, prices seem to be holding as the market hasn't exploded as yet with Canola, Cereal's and low Protein maintenance Hay attracting most of the interest. But with the weather and expensive Water prices, Protein Hay is starting to attract Livestock Producers. There aren't massive volumes of Protein Hay on the market so the need for High Protein Hay versus the Quantity available could end up being further apart than first expected. With a lot of time between now and next season, alternative Feed sources will be once again drawn upon.

Here are some of the quotes from the last fortnight of sales:
Canola Hay has been making up to $290/mt, Wheaten and Barley Hay stayed about the same with prices trading up to $305/mt

Good Lucerne Hay is making up to $400/mt plus, and Vetch is hard to track down still, some ok Pasture Hay Rolls made $70 a bale

Straw demand dropped in the last fortnight with a couple of good parcels making $120/mt.


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