Colorado—In the Aug. 1 report, trade activity and demand light. Ask prices from growers remain mostly unchanged this week. Stable hay sold mostly steady. According to the NASS Colorado Crop Progress Report for week ending July 28, alfalfa second cutting harvested is 43%, third cutting 7%. Stored feed supplies were reported as 1% very short, 17% short, 74% adequate, and 8% surplus.
Missouri—In the Aug. 1 report, compared to last report, hay prices are weak, and demand is light. Excessive heat settled over the state this week to welcome in August. Counties along the western border and south of the Missouri River are highlighted on the latest drought monitor as abnormally dry. Ample moisture up to this point has many still out baling hay several on a second cutting of grass which is quite unusual prior to fall. There is a lot of hay for sale around the state given the tremendous grass growth this year, movement however is very slow.
Nebraska—In the Aug. 1 report, compared to last report, bales of hay sold steady. Ground and delivered hay steady. Little to no moisture. According to NASS as of July 28, oats harvested was 82%, well ahead of 53% last year, and ahead of 67% average. Pasture and range conditions rated 8% very poor, 12% poor, 27% fair, 40% good, and 13% excellent.
Oklahoma—In the Aug. 2 report, compared to the last report, the hay trade is at a standstill to slow demand. Due to an excessive supply of hay from 2023, the 2024 hay continues to be baled, along with cattle continuing to be sold. Next report will be released Aug. 16.
Texas—In the July 26 report, compared to last report, hay prices are weak across most regions, but up to $10 to $20 lower in the Panhandle. Lower prices in the Panhandle are in part due to timely rains allowing producers to stay on summer pastures as well as hay coming in from out of state. Heavy rains in the north and portions of the south have pasture conditions mostly ranging from fair to excellent. While in the Panhandle, west, and central regions show pasture conditions in mostly poor to fair conditions. Hay trade is still pretty limited on poor to moderate demand. Hay quality has been mixed with a lot of hay in the south being put up in the utility to fair range. This is mostly due to rains and wind from Hurricane Beryl delaying cutting causing the crop to mature before fields were dry enough for producers to get in and cut. Next report will be released Aug. 9.
South Dakota—In the Aug. 2 report, compared to last report, demand and movement has been lower than normal for this time of year. Producers are saying it has been quiet. According to the U.S. Drought Monitor website South Dakota is 66% normal soil moisture, 34% abnormally dry soil moisture, 16% moderate dry soil moisture, 5% severe dry soil moisture.
New Mexico—In the Aug. 2 report, compared to last report, hay is steady and demand is steady but slow. According to NASS, New Mexico Crop Progress with the for the week ending July 28, nearly all New Mexico producers saw adequate to abundant moisture last week. Alfalfa hay is in the third cutting with 41% complete and fourth cutting 12% complete. Good precipitation fell across most central and southwestern areas of New Mexico last week.
Wyoming—In the Aug. 1 report, compared to the last report, first cutting is almost complete with demand light but steady. Very little to no moisture and hot temperatures across the state have slowed the growth. According to the National Agricultural Statistics Service as of July 28, alfalfa hay second cutting is 37% completed.
Montana—In the July 26 report, compared to last report, hay sold generally steady to weak. New crop hay continues to see slow movement as most producers are seeing light interest. Rancher to rancher sales are making an impact on the market as many ranchers are opting to sell new crop hay while feeding old crop hay this winter. Demand for hay is mostly light. Export hay demand is light as many exporters have ample hay supplies purchased from last year that have yet to ship. Additionally a strong dollar is hindering the purchase of additional hay for export. Western states, which see the largest volume of hay purchased for export continue to sell hay on par with current Montana prices. This makes shipping hay west difficult due to freighting cost. New crop hay yields continue to come in light across the state. Most producers are blaming it on a cooler wet spring. Many producers say yields are down from 15% to 30% compared to last year.
No comments:
Post a Comment