Feed markets & forage situation on farm

This week after Chris’ report, Will and Ben are joined by Paul Macer and Amy Watson from Kite as well as James Bolesworth, CEO at CRM AgriCommodities for an update on the feed markets & forage situation on farm. Paul and Amy discuss the growing season and the quality and quantity of forage in clamps, in particular the variability in quality, but with lower protein forages being more common. They consider the impact of late planting on maize growth and both cereal and straw yields. James gives headline prices for the feed and commodity markets for key feed materials and discusses how political challenges are effecting this. Paul goes onto discuss the milk production volumes coming out of quarter 3 into quarter 4 ahead, in the context of the current milk price feed price ratio.