Despite torrential rainfall in parts of the country, farmers are holding out on buying feed, with some merchants saying producers are holding off buying for as long as possible due to lower beef and milk prices.
In the west, yearly sales are back slightly on last year, in contrast to the mid-east of the country where sales overall are up. The first few months of the year saw an increase in feed sales on the back of the abolition of milk quotas. However, as the year progressed and milk prices fell, it wasn’t feasible to spend money on feed, so sales levelled off. The cold damp weather in April and May switched sales off.