Friday, September 8, 2017

Iowa Hay Summary

Week Ending  Friday,  September 08, 2017

For this week:  Hay prices trended mostly steady to instances higher
on mixed round bales. Trade activity is moderate, with consumers
willing to pay the prices for higher quality hay. Some players in the
market are noticing a hay shortage, due to the abnormally dry summer 
here in Iowa this year, with some producers holding on to hay in hopes
of higher prices this winter. Third cutting Alfalfa hay reached 91% 
complete this week, 8 days ahead of average with 35% being reported 
as fair and 26% reported as good to excellent per the National 
Agricultural Statistics Service (NASS).  

According to the Drought Mitigation Center Iowa saw small expansions 
in moderate and severe drought in the southern region of the state up
from 27.62% last week to 28.15% this week. Looking forward through 
next week a dry sunny weekend can be expected, with temperatures being
in the high 70's to low 80's for the highs and lows being in the mid 50's. 

According to NASS 60% of the corn crop has reached the dent stage, 
which is three days behind average, with 62% of the corn crop being 
reported in good to excellent condition. 18% of soybeans have started 
to turn color, five days behind last year. Soybean condition improved
slightly with 61% of crop being reported in the good to excellent range. 


Alfalfa         Supreme Small Squares          265.00    -    265.00

                Premium Small Squares          210.00    -    222.00 


Alfalfa/Grass Premium Small Squares        230.00    -    235.00

  Good    Small Squares          125.00    -    160.00
                        Large Squares          130.00    -    155.00 
   Large Rounds        130.00    -    145.00  

                Fair    Large Squares         80.00    -    100.00
   Large Rounds            70.00    -    95.00

  Utility Large Rounds            50.00    -    60.00   

Grass           Premium Small Squares          245.00    -    245.00

                Good    Large Squares          130.00    -    138.00 
                        Large Rounds            90.00    -    100.00
  
  Utility Large Squares           70.00    -    70.00
                        Large Rounds            60.00    -    75.00
      
Straw  Oat     Small Squares        130.00    -    170.00
                 Large Squares        100.00    -    125.00    


Certified Organic Hay: No Hay to report for the week of 8/28-9/01

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