Report

Goulburn Murray Valley

20 May 2020

Chart
Table

Date	GV 23	GV 22	GV 5YA
06-Jan-23	296	190	240
13-Jan-23	303	190	240
20-Jan-23	310	190	244
27-Jan-23	318	190	246
03-Feb-23	323	190	239
10-Feb-23	333	185	236
17-Feb-23	336	185	235
24-Feb-23	338	185	233
03-Mar-23	338	185	232
10-Mar-23	343	185	231
17-Mar-23	343	185	231
24-Mar-23	343	185	231
31-Mar-23	343	185	231
07-Apr-23	343	185	230
14-Apr-23	344	186	226
21-Apr-23	345	188	230
28-Apr-23	345	188	224
05-May-23	345	188	226
12-May-23	343	188	228
19-May-23	340	188	228
26-May-23	343	188	232
02-Jun-23	343	190	232
09-Jun-23	343	191	232
16-Jun-23	342	193	233
23-Jun-23	340	193	241
30-Jun-23	335	193	241
07-Jul-23	330	193	243
14-Jul-23	330	196	246
21-Jul-23	330	198	253
28-Jul-23	320	198	253
04-Aug-23	320	198	253
11-Aug-23	315	198	274
18-Aug-23	313	198	276
25-Aug-23	310	198	276
01-Sep-23	310	198	276
08-Sep-23		198	274
15-Sep-23		195	273
22-Sep-23		195	266
29-Sep-23		195	259
06-Oct-23		195	259
13-Oct-23		195	263
20-Oct-23		195	252
27-Oct-23		195	240
03-Nov-23		195	244
10-Nov-23		195	247
17-Nov-23		208	243
24-Nov-23		245	250
01-Dec-23		252	248
08-Dec-23		258	254
15-Dec-23		268	258
22-Dec-23		278	262
29-Dec-23		290	270

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.

The hay report has been commissioned by Dairy Australia to provide an independent and timely assessment of hay markets in each dairy region. This report is created using data provided by the Australian Fodder Industry Association (AFIA). 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.

Commentary

Widespread low rainfall totals across the region the week, with falls of between 5mm and 10mm of rain. Most days have been overcast, with little breakthrough sunshine.
Ongoing low rainfall is keeping crops moving along, but the fodder producers in the region are looking for some drier days in order to make hay. The potential for an above average season is still there and producers are clearing sheds to make room, but dry sunny days are needed to get some good quality hay in.
Pastures remain green in the region and are supplying green feed options for livestock and dairy herds. Little to no supplementary feeding is being employed.
Grain crops in the region are looking favourable, with great growth and potential. While some growers are looking at the expected rainfall into spring, most believe that the harvest will be above average if the crops aren’t frost damaged.
Most enquiries remain for outside the local areas, with the local supply of green feed and prospect of a good hay season keeping demand fairly balanced. There are reports of a fair bit of contract selling to lock in supply.
Some change to pricing this week.
Cereal hay: +/-0 ($290 to $330/t). Prices remain steady this week.
Lucerne hay: +/-0 ($390 to $450/t). Prices remain steady this week.
Straw: +3 ($100 to $135/t). Prices increase this week.
Pasture hay: +/-0 ($290 to $340/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.