Farmer uses reports to track prices

09 Sep, 2018 04:00 AM
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Dairy Australia industry analyst Sofia Omstedt is providing regular video updates of the Hay and Grain Reports.
Dairyfarmers really need to check out these reports regularly...
Dairy Australia industry analyst Sofia Omstedt is providing regular video updates of the Hay and Grain Reports.

As feed prices increase across Australia, dairy farmer David Kuhl relies on Dairy Australia's Hay and Grain Reports to keep an eye on pricing, availability and help plan ahead.

Mr Kuhl milks a peak of 180 cows on his year-round calving farm at Mt Gambier, South Australia, and relies on homegrown feed supplemented with grain.

"Now more than ever, dairy farmers should be looking at the Hay and Grain Reports and taking advantage of any new information they can gather," Mr Kuhl said."Whether you use all the information or not, the reports are there and they offer insights that can help you plan ahead."

The reports are an invaluable resource for dairy farmers, offering the latest hay and grain market information on pricing, supply and demand across the dairy regions.

As farmers in many regions along the east coast of Australia look to make strategic feed decisions on farm, Mr Kuhl said it is important to keep an eye on where fodder is available.

Mr Kuhl's farm is affected significantly by fluctuating grain prices and a competitive market for buyers.

"We will be using these reports as we look to the year ahead because a lot of the grain regions are struggling and prices are going to be pretty big heading into next year," he said.

"Dairy farmers really need to check out these reports regularly because if they're looking to secure fodder, it's going to be a bit of a fight out there to try and get it.

"From what I've heard, in dry cropping areas, fodder mightn't be good enough for silage but they'll sell it anyway, so it's important to keep across those trends."D

Dairy Australia's Industry Analyst Sofia Omstedt is providing regular video updates of the Hay and Grain Reports that can be viewed at website www.dairyaustralia.com.au/feedshortage.

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