Friday, February 2, 2018

Iowa Hay Summary

Week Ending  February 02, 2018

For this week: Hay prices were mostly steady. Demand was moderate to spots good. SUpply was good
with sellers trying to move hay to make room for next years hay. Parts of Iowa will see snow 
this weekend heading into the work week with temperatures in the 20's with lows hitting single 
digits.

Grain movement in January was mostly light with hopes grain prices will improve. Fluctuations in
temperatures were hard on livestock and caused some health issues. Producers also had to 
increase feed rations to livestock to help gain weight and give extra energy to cattle during 
colder days. Overall, hay supplies remain adequate except in south centran and southeastern Iowa
which experienced drought conditions last year.

According to the Drought Monitor D1-D4 drought conditions stayed steady at 15.23% this week 
concentrated in the southeastern portion of the state. 53% of the state continues to see 
abnormally dry conditions. Most of the region has been very dry for the past three months with 
less than a tenth of an inch of precipitation occuring. All prices FOB per ton unless otherwise
noted.

Alfalfa         Supreme Large Squares      $217.00  -  $250.00

                Premium Large Squares    $200.00  -  $200.00  

Alfalfa/Grass Premium Small Squares      $155.00  -  $185.00
                        Large Squares      $160.00  -  $185.00
   Large Rounds    $185.00  -  $185.00

                Good    Small Squares      $135.00  -  $150.00
          Large Squares      $120.00  -  $150.00
                        Large Rounds       $125.00  -  $155.00

  Fair    Small Squares      $100.00  -  $125.00
   Large Squares       $90.00  -  $120.00

  Utility Small Squares       $60.00  -  $60.00
   Large Rounds        $60.00  -  $80.00

Grass           Good    Large Squares      $135.00  -  $145.00
   Large Rounds       $140.00  -  $140.00
  
  Fair    Large Squares      $115.00  -  $115.00
   Large Rounds     $80.00  -  $100.00

Straw           Oat     Large Squares       $85.00  -  $195.00
  Wheat Large Squares      $100.00  -  $120.00
 
Certified Organic Hay: None reported for the week of 01/28/2018-02/02/2018

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