Friday, January 5, 2018

Iowa Hay Summary

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

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