Friday, January 26, 2018

Iowa Hay Summary

Week Ending  January 26, 2018

For this week: Hay prices were mostly steady. Demand was moderate. Looking forward temperatures will continue in the high 30's until Thursday when a cold front will sweep back through Iowa dropping the highs into the teens.

Grain movement in December in most of Iowa was mostly light to non-existant with hopes grain prices would improve. NASS reports noted the warmer weather in early December extended adequate hay supplies with livestock being able to graze fields longer than usual. However, the recent cold has forced feedlots to increase feed rations in order to gain weight. Livestock have handled the cold well, producers remain vigilant as wind chills reached negative 30 degrees in some areas.

According to the Drought Monitor D1-D4 drought conditionsincreased sharply from 8.13% last week to 15.23% this week concentrated in the southeastern portion of the state. 53% of the state is seeing abnormally dry conditions. The Iowa State Climatologist has received reports of low farm pond and well levels in southeast Iowa.

Alfalfa         Supreme Small Squares      $250.00  -  $260.00
                        Large Squares      $217.00  -  $250.00

                Premium Small Squares      $211.00  -  $225.00
   Large Squares    $200.00  -  $200.00  

Alfalfa/Grass Premium Small Squares      $200.00  -  $200.00
                        Large Squares      $160.00  -  $200.00

                Good    Small Squares      $135.00  -  $150.00
          Large Squares      $120.00  -  $150.00
                        Large Rounds       $125.00  -  $155.00

  Fair    Small Squares       $95.00  -  $125.00
   Large Squares       $90.00  -  $115.00

  Utility Small Squares       $60.00  -  $60.00
   Large Rounds        $60.00  -  $65.00

Grass           Good    Large Rounds       $140.00  -  $140.00
  
  Fair    Large Squares      $115.00  -  $115.00

Straw           Wheat   Large Squares       $50.00  -  $135.00
 
Certified Organic Hay: None reported for the week of 01/21-27/2018

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