Tuesday, February 11, 2020

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments 
Hay prices remain steady with straw prices a little weaker this week. If you need forage or have forage to sell, connect to the Farmer-to-Farmer webpage at http://farmertofarmer.uwex.edu/. You may contact your local county agriculture educator if you need help placing an ad. There is no charge for the service.

Straw prices are for oat, barley, or wheat straw. Straw prices were steady with a weaker trend this week. Small square bales averaged $4.55 a bale (range of $2.00 to $6.00). Large square bale straw averaged $48.00 per bale (a range of $30.00 to $75.00). Large round bale straw averaged $53.00 per bale (a range of $30.00 - $97.00).

In Nebraska, hay sold steady, demand is light. Reports are that January’s demand and hay movement was one of the slowest months in recent memory. In Iowa, hay prices are steady to firm. In South Dakota, prices are steady to weak with moderate to good demand for hay. Market activity is slower than that of recent weeks and weather has been good for moving hay.

In Missouri, hay movement is slow. Supply is moderate, demand is light to moderate, and prices are steady. Weather is limiting hay movement as the ground isn’t frozen restricting movement in hay yards.

In Southwest Minnesota, prices were steady, with a limited supply of hay at the market. In Kansas, hay trade is slow and demand is slow with steady prices.

In Wisconsin, All hay stored on Wisconsin farms as of December 1, 2019, is estimated at 1.77 million tons, an increase of 1 percent from December 1, 2018, according to the latest USDA, National Agricultural Statistics Service. However, that is comparing to December 2018 when

inventory was down 34%. Prices remain strong for top quality hay with good demand for hay.

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