Week Ending January 05, 2018 For this week: Hay prices were mostly steady to spot instances lower. Demand was good with cattle buyers needing more hay to feed with the colder weather we have recieved. Looking forward temperatures seem to level off after the artic cold front of last week.The highs will be in the 20's and lows in the single digits. 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 conditions remained steady at 8.3% this week with over 70% of Iowa noticing abnormally dry conditions. Bitter cold weather prevailed with a moderate to deep snowpack covering all but southern portions of the midwest region. Alfalfa Supreme Small Squares $250.00 - $310.00 Large Squares $200.00 - $220.00 Premium Large Squares $190.00 - $200.00 Alfalfa/Grass Premium Small Squares $180.00 - $225.00 Large Squares $175.00 - $190.00 Large Rounds $165.00 - $175.00 Good Large Squares $135.00 - $170.00 Large Rounds $125.00 - $150.00 Fair Small Squares $115.00 - $145.00 Large Squares $115.00 - $130.00 Large Rounds $ 80.00 - $110.00 Utility Small Squares $ 75.00 - $95.00 Large Rounds $ 40.00 - $75.00 Grass Good Large Squares $135.00 - $180.00 Large Rounds $120.00 - $150.00 Fair Large Rounds $100.00 - $100.00 Certified Organic Hay: None reported for the week of 12/31/17-01/06/2018
Friday, January 5, 2018
Iowa Hay Summary
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