Episode notes
Episode Highlights:
- Australia has experienced above-average rainfall across Eastern Australia, affecting hay demand.
- The unexpected shift from El Niño predictions to increased rainfall has led to a reversal in livestock unloading, now increasing demand and prices for livestock.
- Demand for hay has tapered off over the past 6-8 weeks, but seasonal demand is expected to rise again from March through June.
- Approximately 25-30% of hay has been compromised by being paddock stacked and rain-damaged making it less desirable compared to shedded hay.
- Graziers are preparing to stock up for winter, given the long wait for new season hay in October.
- Graziers are prioritising quality hay, and are willing to pay more to avoid the risks associated with rain-damaged fodder.
- The importance of high quality ...
Keywords
agricultureagriculture australiahay markethayfarming