What We Do – Hay Forecasting
Using a statistical and scientific approach and an extensive network in the fodder industry, Jumbuk offers clients regular forecasts of hay and silage production. Reports update clients on the production of pasture, cereal (oaten), lucerne, silage and other crops expected in each of the regions nationally.
As a commodity with typically over 7 million tonnes of production worth over 2 billion dollars, hay, straw and silage underpins Australia’s livestock and export hay industries.
Businesses in the fodder industry need access to timely and credible production forecasts. Given the volatility in Australian agriculture, these forward estimates help manage the risks in agribusiness.