Strong growth sees country 'awash' with surplus fodder
Farmyards are set to be "awash" with surplus fodder this summer as demand for hay and silage plummets, a Teagasc expert has said.
However, prices appear to be holding for now, with good round bales of hay still making €20-€25.
John Donworth, regional manager of Teagasc in Kerry and Limerick, says demand is going to be low as it has been a very good season for growth.
"The country is awash with an awful lot of small black bales because there is extra grass growing which will be converted into silage bales," he said.
"This means we have very have little demand for farmers who are selling bales of silage later on in the year," he said.
Mr Donworth says the volume of surplus silage is similar to 2015.
"It's nearly the first of August and grass is growing at a serious rate, which means that over the next three weeks there will be a lot more bales made," he said.
Hay supply and demand is expected to remain relatively stable.