Friday, February 2, 2018

South Dakota Weekly Hay Summary

All prices per ton, unless noted, FOB the stack.


   Compared to last week:  Alfalfa hay sold steady to 10.00 higher, grass hay mostly
steady.  Demand mostly moderate in East River, with better demand seen at times from
the Western half of the state.  Interest has started to pick up especially from West
River, however many end-users are not willing to commit to a purchase yet.  Drought 
concerns are starting to be voiced by some hay producers, as over 93 percent of the
state is experiencing some level of drought currently.  Depressed milk futures has the
dairy industry looking to cheapen up their feed costs as much as they can.  Class III
Milk Futures are below 15.00 per cwt unitl mid summer.  All hay and straw sold by the
ton FOB, unless otherwise noted. 

East River:
   Alfalfa:  Supreme: Large Squares, 190.00, Delivered to WI 225.00; Small Squares, 210.00.
Good:  Large Squares, 155.00.  Fair to Good:  Large Rounds, 145.00.  Fair:  Large Rounds,
120.00-135.00.

   Sun-cured Alfalfa pellets:  15 pct 175.00; 17 pct 180.00.  Alfalfa
Meal:  17 pct 185.00.

   Alfalfa/Grass Mix:  Premium: Large Squares, 185.00.

   Grass:  Premium:  Large Squares, 75.00-85.00 per bale in Small Lots.  Good to Premium:
Large Rounds, 135.00.  Utility to Fair:  Large Rounds, 90.00.

   Wheat Straw:  Large Squares, 110.00-115.00.  Large Rounds, 90.00.

   Cornstalks:  Large Rounds, 45.00, 50.00 del short haul.

West River:
   Alfalfa:  Fair:  Large Rounds, 165.00 Del.

   Grass:  Good to Premium, Large Rounds, 165.00 Del.

   Wheat Straw:  Large Rounds, 95.00 Del.

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