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Thursday, August 02, 2018

Any quality Hay out there has a 3 in front of the price.

By Farm Tender & Olivia Agar  |  Source: Farm Tender

Prices of good quality hay jumped considerably in the last fortnight with most worth around or beyond $300 right now. But the fact of the matter is that many of these parcels are not out there or are unattainable.

Good news this week is that the NSW Government announced Freight subsidies for any Hay bought backdating to the 1st of January 2018. The subsidy can cover 50% of the full cost of freight up to a maximum of $5 per kilometre and 1,500 kilometres per journey, so the maximum subsidy per journey would be $3,750. See the link to the article here 

Farm Tender have reported a good run selling small and eco Bales in the last fortnight. Demand has come from the Produce Stores, who are looking to keep supply up to their customers

There have seen a big spike in demand for Cereal and Rice Straw. Many are taking pre-orders for Rice Straw before they enter the paddock with the Mower Conditioner

Table 1 summarises hay prices over the period 18th July-1st of August 2018. The following explains the terminology used in the table:

  • Prices are $ + GST per Metric Tonne - $/mt
  • NS – New Season
  • OS – Old Season
  • 20/10/40/650 - Protein/ME/NDF/Bale weight
  • Shedded – Shedded
  • Cap/Tarp – Capped and or Tarped
  • Paddock – Paddock

If you are looking to list your Hay or require more information go to www.farmtender.com.au 

Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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