Iowa Hay Summary

Week Ending  January 19, 2018

For this week: Hay prices were mostly steady. Demand was moderate. Looking forward
temperatures with be warmer than previous weeks with highs staying in the 30's 
throughout the week.

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 74% of Iowa noticing abnormally dry conditions. The continued dryness
over the last 3 months allowed for expansion of abnormally dry conditions over more of
eastern Iowa, with the frozen winter conditions allowing the changes to take place at
a slower pace.

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

                Premium Small Squares      $211.00  -  $225.00 
   Large Rounds    $150.00  -  $150.00  

Alfalfa/Grass Premium Small Squares      $200.00  -  $200.00
                        Large Squares      $170.00  -  $200.00

                Good    Small Squares      $135.00  -  $150.00
          Large Squares      $120.00  -  $150.00
                        Large Rounds       $120.00  -  $150.00

  Fair    Small Squares      $95.00   -  $125.00
   Large Squares      $90.00   -  $115.00

  Utility Large Rounds       $40.00   -  $65.00

Grass           Good    Large Rounds       $110.00  -  $140.00

  Utility Large Rounds        $50.00  -  $50.00

Straw           Wheat   Large Squares      $105.00  -  $130.00
 
Certified Organic Hay: None reported for the week of 01/14-20/2018