The Farm Tender Hay Report – She's a spot market, literally.
- By: "Farm Tender" News
- Water & Irrigation News
- Jun 18, 2019
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She's a spot market, literally.
For the fortnight up to the 19th of June, 2019 - Volume 35.
This article is bought to you by Feedworks.
What we are seeing in the Hay market right now is parcels coming up from Farmers in Victoria and SA who have had rain and are looking pretty good. So what I mean by a spot market in this instance is that once a parcel of Hay is spotted, it is usually snapped up, first in, best dressed.
Conditions in the Hay growing areas in Victoria and SA are cracking along. This is good news, and the great white hope for the industry moving forward as large areas of NSW and Qld do it tough once again.
In the last fortnight, prices have firmed once again; it's the demand from the Feedlots, they seem to be the most willing buyers and are competing with other Feedlots for each parcel.
Here are some of the quotes from the last fortnight of sales:
Corn Straw traded for around the $170/mt mark ex Victoria and Cereal Straw prices listed $10-$20/mt to $220/mt. I see some Rice Straw trading at $140/mt ex Riverina.
Cereal Hay has gone to a new level, with parcels in the $420-$440/mt range, up $10-$20/mt in the last fortnight. A prominent Feedlot in Northern NSW paid $660/mt delivered for some top quality Wheaten Hay ex Vic/NSW border just yesterday. Canola Hay traded just over the $400/mt mark in the last fortnight up $5-$10/mt in this period.
Shane Ruyg - Vic Mallee based
Shane said - Hay demand lifting again with colder weather coming in. Cereal Hay, Protein Hay and Straw being highly sort after but again with lack of stock listed mean it has been a struggle for many to get what they want to get them through the next 6-8 weeks. Pricing has again lifted due to the supply and demand issue. Smaller parcels are being listed due to rainfall in central and southern Victoria with the likely hood of them growing more feed this season. If you are chasing Hay or Straw, keep an eye out daily as listings of these are being snapped up quickly.
Bonnie Kenner - North East Vic based
Bonnie said - There's been a bit of activity on the usually less popular feeds such as Corn Straw, Canola Silage etc. as supply remains tight on all types of Hay. Buyers are quick to secure the odd parcel of Hay that is popping up, and it is usually first in best dressed
Mike Pickard - Southern Queensland based
Mike said - Seeing the possibility of the first load of Cane Trash heading South for a test trial into a feedlot on Darling Downs. Plenty of inquiry from the northern tablelands, NSW, area who are desperate for Straw. Prices for quality Hay is only heading in one direction. Lower bale weights are a real issue when sending Hay big distances; this needs to be one of the high priorities come baling time.
Paul Grayling - Northern Vic based
Paul said - The Supply of Hay has all but dried up, with only a few spot loads still on the books. Rice Straw has been moving in decent sized parcels due to the lack of other options. We are still getting high demand for all Cereals and Corn Stubble. So if you are sitting on a parcel, please give us a call and get it on the market and into some hungry mouths
Dwain Duxson - Farm Tender
Check out the Australian Fodder Industry Association or AFIA. They are one of our Prime Preferred Partner (PPP's) and have their 2019 National Conference in the Hunter Valley of NSW on the 29th through to the 31st of July. An event not to be missed. Become a member today. For more info click here or ring the CEO John McKew on 0438 182 600
We are getting lots of Hay buyers using DelayPay. We offer 6-month terms to approved buyers with no security. You can use DelayPay for any sort of Ag purchases, and it takes only 24-48 hours to apply for a credit limit. For more info Call Dwain Duxson on 0427 011 900 Kelsey Miller 0409 117 730
For more information on selling or buying Hay contact the following:
Paul Grayling – 0447 069 082 or paulg@farmtender.com.au
Shane Ruyg – 0447 922 604 or shaner@farmtender.com.au
Mike Pickard – 0429 677 636 or mikep@farmtender.com.au
Bonnie Kenner - 0488 789 012 or bonniek@farmtender.com.au
Or 1300 Farming (1300 327 646)
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