Friday, September 22, 2017

Iowa Hay Summary

Week Ending  Friday,  September 22, 2017

For this week:  Hay prices trended mostly 5.00 to instances 10.00 lower, 
straw remained steady on a very light market test. Market activity was 
light with some producers busy making silage.Third cutting Alfalfa hay is 
almost complete reaching 96% this week per the National Agricultural 
Statistics Service (NASS).  

According to the Drought Mitigation Center Iowa saw another expansion of 
drought conditions from 33.17% last week to 36.95% this week, with a small
area of severe to extreme drought (D2 to D3) expanded slightly. Looking 
forward this weekend will be warm with highs in the low 90's and lows in 
the 60's, next work week seeing fall like temperatures with highs in the 
upper 60's and lows in the upper 40's to low 50's. 

According to NASS 88% of the corn crop has reached the dent stage or 
beyond, which is three days behind the 5 year average. 30% of corn has 
reached maturity with 59% of the corn crop being reported in good to 
excellent condition. 74% of soybeans have started to turn color or beyond,
two days behind last year. 31% of soybeans were dropping leaves. Soybean 
condition dropped down to 58% of crop being reported in the good to 
excellent range. 


Alfalfa         Supreme Small Squares          240.00    -    265.00

                Premium Small Squares          210.00    -    222.00 

Alfalfa/Grass Premium Small Squares        205.00    -    235.00
          Large Squares        200.00    -    210.00  

  Good    Small Squares          140.00    -    180.00
                        Large Squares          145.00    -    175.00 
   Large Rounds        115.00    -    145.00  

                Fair    Small Squares         75.00    -    125.00
   Large Rounds            90.00    -    110.00

  Utility Large Squares           60.00    -    60.00
   Large Rounds            50.00    -    75.00   

Grass           Premium Small Squares          245.00    -    245.00

                Good    Large Squares          125.00    -    138.00 
                        Large Rounds            90.00    -    100.00
  
  Utility Small Squares           85.00    -    120.00 
   Large Squares           45.00    -    75.00
                        Large Rounds            60.00    -    75.00
      
Straw  Oat     Large Squares        115.00    -    115.00    


Certified Organic Hay: No Hay to report for the week of 9/18-22

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