Currently in Australia La Nina is in full swing. Across many states we are experiencing heavy rainfall and stormy weather. Increased rainfall and cloud in the western Pacific is meaning there is an above average spring rainfall, particularly in the east and north. La Nina occurs every 8 years, in history the 6 wettest winter-spring periods on record for Eastern Australia were in La Nina years. The impact of La Nina continues into the warmer months resulting in an increase of 20% in December-March average rainfall in Eastern Australia. To find out more about La Nina and how it could affect your farming click here.
With the wet weather it is more important than ever to ensure farmers store their hay correctly to avoid rain damage. Hay that has been rained on looses considerable quality as every farmer knows. There are four different ways in which cut hay is degraded once it has been rained on. These are explained below.
Storing your own hay is convenient and economical if done correctly. Keeping hay undercover, correctly stored maximises the quality and quantity of good hay out of your crop. To find out more about storing your hay correctly click here.
Investing in a hay shed can bring return very quickly especially in this wet weather and is an even more favourable option at the moment due to government taxation incentives for farmers. Low interest loans are available through the Regional Investment Corporation from the Federal Government to assist farmers in financial need. Initiatives such as instant asset write off up to $150,000 and fodder storage deductions has been extended for agribusinesses as part of the 2020 Budget. Find out more about the government tax deductions here.