Report

Goulburn Murray Valley

Chart
Table

Date	GV 20	GV 19	GV 5YA
10-Jan-20	330	365	208
17-Jan-20	330	365	208
24-Jan-20	350	365	208
31-Jan-20	360	365	208
07-Feb-20	325	345	206
14-Feb-20	325	345	206
21-Feb-20	323	345	206
28-Feb-20	320	345	206
06-Mar-20	315	345	205
13-Mar-20	310	345	205
20-Mar-20	310	365	205
27-Mar-20	290	365	205
03-Apr-20	290	380	210
10-Apr-20	270	380	210
17-Apr-20	250	395	210
24-Apr-20	250	410	210
01-May-20	205	410	224
08-May-20	205	410	224
15-May-20	205	410	224
22-May-20	205	410	224
29-May-20	205	410	224
05-Jun-20	205	410	237
12-Jun-20	205	410	237
19-Jun-20	205	410	237
26-Jun-20	205	410	237
03-Jul-20	205	410	251
10-Jul-20	205	425	251
17-Jul-20	205	425	251
24-Jul-20	205	425	251
31-Jul-20	205	425	251
07-Aug-20	205	425	272
14-Aug-20	205	360	272
21-Aug-20	205	360	272
28-Aug-20	205	360	272
04-Sep-20	205	350	263
11-Sep-20	205	350	263
18-Sep-20	205	350	257
25-Sep-20	205	350	257
02-Oct-20	205	350	246
09-Oct-20	205	350	246
16-Oct-20	205	293	246
23-Oct-20	205	235	246
30-Oct-20	205	235	246
06-Nov-20	205	250	224
13-Nov-20	205	265	224
20-Nov-20	205	265	224
27-Nov-20	205	255	224
04-Dec-20		265	220
11-Dec-20		260	220
18-Dec-20		270	220
25-Dec-20		270	220
27-Dec-19

Notes:

Change in price is the change since the last report. Hay quoted is sourced and delivered locally, GST exclusive unless stated otherwise. It should be noted that local prices quoted may not be the cheapest available, sourcing it from another region may be more affordable, and buyers are encouraged to evaluate all options. Prices are indicative to a mid-range shedded product, and based on the best indication of market value at the time of reporting. It should be noted there is a wide variation in quality of hay, prices for a mid-range product will not reflect the weighted average of trade. Prices will naturally vary based on the product quantity and quality, buyer/seller relationship and the size of the trade.

This report has been commissioned by Dairy Australia to provide an independent and timely assessment of grain and hay markets in each dairy region. It should be remembered that actual prices may vary for quality or other reasons. Whilst all reasonable steps have been taken to ensure the accuracy of the information contained in this report, Dairy Australia disclaims all liability to the fullest extent permitted by Australian law for any inadvertent errors and for any losses or damages stemming from reliance upon its content. Dairy Australia recommends all persons seek independent advice and, where appropriate, advice from a qualified advisor before making any decisions about changes to business strategy.

Dairy Australia generates a hay report to help farmers make more informed decisions when buying hay. The hay report is updated 40 times per year and provides an independent and timely assessment of hay markets in each dairy region.

This report summarises the hay market for the Goulburn Murray Valley, Victoria.

Commentary

Patchy rain fell on Thursday with some areas recording up to 13mm and others recorded nothing. More rain and storms are forecast for the rest of the week.
Lucerne and straw is continuing to be made in the region. Farmers are waiting to see what the storm brings and what this means for their crops.
Demand for cereal hay is holding firm, largely coming from north of the region. Hay is moving to fire affected areas. Donated hay sourced from the region is moving into impacted areas. A lot of lucerne in the region is being made into small squares. The quality of lucerne is varied which is reflected in the large price range.
No price changes have been noted this week.
Cereal hay: +/-0 ($310 to $350/t). Prices remain steady this week.
Lucerne hay: +/-0 ($600 to $800/t). Prices remain steady this week
Straw: +/-0 ($130 to $160/t). Prices remain steady this week.
Pasture hay: +/-0 ($340 to $370/t). Prices remain steady this week.
Please note unless stated otherwise, prices are per tonne, sourced and delivered locally. The price range indicated is for feeds of varying quality with the price range generally indicative of quality of feed. We recommend feed testing and viewing of fodder before purchase to be sure of the quality of feed.