Iowa Hay Summary

Week Ending  February 09, 2018

For this week: Hay prices were steady to spots 10.00 dollars higher. Demand was good. Supply was mostly moderate. Temperatures starting off the weekend will be in the teens, gradually reaching the upper 20's by the end of the week.

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 decreased slightly from 15.23% last week to 15.15% this week. The drought conditions remain concentrated in the southeastern portion of the state. 53% of the state continues to see abnormally dry conditions. With much of the region encased in a shallow to moderate snow cover, changes were minor. 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      $170.00  -  $210.00
                        Large Squares      $180.00  -  $215.00
   Large Rounds    $185.00  -  $185.00

                Good    Small Squares      $135.00  -  $155.00
          Large Squares      $125.00  -  $170.00
                        Large Rounds       $145.00  -  $175.00

  Fair    Small Squares      $105.00  -  $125.00
   Large Squares      $110.00  -  $130.00
   Large Rounds       $110.00  -  $130.00 

  Utility Small Squares       $60.00  -  $60.00
   Large Rounds        $65.00  -  $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     $95.00  -  $95.00

Straw           Wheat Large Squares      $130.00  -  $130.00