Farm Tender

The Farm Tender Hay Report – We are in a Hay selling drought

We are in a Hay selling drought.

For the fortnight up to the 17th of June, 2020.

If Hay a selling was a weather pattern then we are in a drought. It's just tough to get something moving.

Not everyone has got a season, but what we are seeing is those in the areas doing it tougher are utilising agistment from the areas with grass.

We have been talking about Hay starting to move when it gets cold, but that hasn't happened as yet.

A spot demand for Lucerne Hay in and around the Brisbane area has developed in the last few days. Apparently the demand is coming from the Horse sector.

We are seeing some discounting on Straw just to get it moving.

Overall the market is flat, and excitement levels are low. If a Farmer doesn't need to spend money on Hay then they certainly won't, and understandably so.

What's happened to Hay prices over the last fortnight?

As mentioned above, Lucerne Hay is in demand in the Brisbane area.

Good Cereal Hay is making around the $200/mt mark with the lesser quality stuff cheaper again.

The very best Vetch Hay is selling for $300/mt, any deviation in quality means the price reduces.

We are just starting to see a few starting to discount Straw quite a bit to get it out the gate.

We go around the grounds to see what our Farm Tender Sales people have to say:

Paul Grayling - Mallee Vic based
Paul said - We have seen a slow to steady amount of enquiry on Hay with most enquiries coming through being for Protein Hay. There is a reasonable amount of Protein Hay available. There is also plenty of Oaten and other Cereal Hay with Oaten Hay being the most popular. As always, the better quality stuff seems to be getting looked at first.

Shane Ruyg - Queensland based
Shane said - The Hay and Straw job is still reasonably slow with only a few sales here and there. There are lots still being listed, and without the buyers, we see a large number of listings on our site. The forecast for more rain this weekend is going to help areas affected by the run of frosts. We are seeing a lot of enquiry coming through for Lucerne Hay up North as it's dry in some Queensland areas. So there may be some opportunities for sellers into the North.

Jackie Elliott - South West Vic based
Jackie said - The demand for Hay and Straw is quiet, we have large quantities of Cereal Straw in South West Victoria available at a reduced price to shift. The cold weather might spark some interest in the Southern regions in the next fortnight, but we have been saying that for a few weeks now, and nothing has happened.

Mike Pickard - Darling Downs based
Mike said - There is a bit of a demand for small squares of Lucerne Hay,  especially compressed Lucerne squares in South-East Queensland, mainly around the Brisbane area for the racing/equestrian type businesses. Some good rain on Sunday fell across the planting areas of the Darling Downs with between 30 to 70 mm falling on the Western Downs and 20 to 40 mm on the Eastern Downs, which enable the Farmers to finish off the Crop planting for this year.

Catch you in a fortnight

Dwain Duxson - Farm Tender & DelayPay

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
Jackie Elliott - 0400 808 550 or jackiee@farmtender.com.au
Or 1300 Farming (1300 327 646)

Need to buy something? Try DelayPay

Get payment terms for buyers and payment security for sellers - www.delaypay.com.au. If you are keen to know more ring Kelsey 0409 117 730 or Dwain 0427 011 900