Friday, January 12, 2018

Iowa Hay Summary

Week Ending  January 12, 2018

For this week: Hay prices were steady to mostly firm. Demand was good with buyers 
anticipating some cold weather throughout the week. Looking forward temperatures dip 
down for the begining part of the week, but increase starting wednesday.

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.  With the cold weather
dominating the region and soils freezing up, drought issues move slow this time of year.
No changes were made this week to the region as the impact of the precipitation in the
region will be slow to materialize.

Alfalfa         Supreme Small Squares      $250.00  -  $260.00
                        Large Squares      $217.00  -  $250.00

                Premium Small Squares      $211.00  -  $225.00 
   Large Squares      $190.00  -  $200.00
   Large Rounds    $150.00  -  $150.00  
  
  Good Small Squares      $145.00  -  $145.00
   Large Squares      $127.50  -  $130.00
   Large Rounds       $112.50  -  $127.50

Alfalfa/Grass   Supreme Large Squares      $250.00  -  $250.00

  Premium Small Squares      $200.00  -  $200.00
                        Large Squares      $175.00  -  $190.00

                Good    Large Squares      $145.00  -  $155.00
                        Large Rounds       $125.00  -  $150.00

Grass           Good    Large Squares      $135.00  -  $180.00
                        Large Rounds       $110.00  -  $150.00

                Fair    Large Rounds        $95.00  -  $110.00

  Utility Large Squares       $70.00  -  $70.00

Straw           Wheat   Small Squares      $150.00  -  $175.00
   Large Squares       $65.00  -  $125.00
 
Certified Organic Hay: None reported for the week of 01/07-13/2018

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