By Laurissa Smith
Frost-affected cereal crops cut for hay last year in NSW and Victoria have come in handy for farmers running short of feed.
The industry expected the price of low-quality hay to drop because of the extra volume hitting from market.
Caitlin Scholfield, from the Australian Fodder Industry Association, says that hasn’t eventuated.
“A lot of growers have refilled their empty hay sheds and now they’re starting to reconsider their options,” she said.
“Do they need to keep it on farm, is it going to be a dry year, or are they going to put it on the market ?
“For growers who did cut cereal hay due to frost damage, there has been a fairly stable market for them in the last couple of months, to be able to ship that hay north.”
She says hay prices are tipped to rise in the coming months as supplies tighten.
Farmers are being warned recent demand for high protein hay, in particular, could make feed much more expensive by autumn. ABC