With BPS payments coming through, merchant buyers were ready to invest. With most buyers saying there was a shortage of supply, barley was in strong demand and averaged £60 per tonne to equal its performance over the last couple of years. John Booth, of Winterbourne, near Newbury, made best price equivalent to about £84 a tonne, a slightly stronger top figure than we have seen in recent years.
It was interesting to see that the differential between barley straw, which can also be used as feed, and wheat straw has returned, with wheat averaging equivalent to around £45 a tonne. The wide range of prices for wheat straw reflected the wet weather affecting quality at the back end of harvest.
Trade for what hay was on offer varied, but there’s a shortage of good quality product that we may be able to address at our next sale on March 3 at the same venue, for which we are now inviting entries.