Feed and forage planning

Published 10 May 13

Feed and forage planning

With poor planting conditions last autumn and the late spring this year there is a concern for domestic crops and what it will mean for feed and straw prices next winter. AHDB analyst Helen Plant talks about the market indicators that could influence your decision making when it comes to feed and forage planning.

The world is forecast to produce 1.91 billion tonnes of grain at the coming harvest, 7% more than the previous harvest according to the International Grains Council. If the current forecasts are realised, there is likely to be some downward pressure on grain prices, which would be welcome for many dairy farmers. 

However, at this point in the year grain production is very uncertain and will be determined by weather conditions until harvest, with the June - August period particularly important.

First indication of possible price trends

A report released by the US Department of Agriculture today (Friday 10 May, 5pm UK time) will provide one of the first indications of possible price trends for the upcoming year. The Department will release initial estimates of how global potential production may line up against demand in the year ahead.

  • This is the first in a series of milestones when feed (grain) prices can be expected to be particularly volatile as published in the Dairy Market Update on 4 April 2013, click here to see the full list.
  • Details of these estimates will be published in the next Dairy Market Update (16 May) and on the HGCA website - subscribe to the Dairy Market Update
    here.
  • DairyCo also publish weekly feed market commentary here.