Prices were steady with little support this week. There were more auction reports this week, but lower prices on top quality and little demand for lower quality hay. The result was a hay market with a steady to weaker trend.
For Nebraska, alfalfa sold unevenly steady on a thin test. Demand was light to moderate. While rains have delayed some hay making most farmers know they need rain for the crops to continue growing this season. For Iowa, hay prices were steady. Second crop quality is exceeding first crop. Northeast Iowa had a dry week, which aided hay making. Currently yield per acre is above normal in 2018.
In South Dakota, hay prices were steady. Good demand and interest. A fair amount of second crop hay was put up this past week. There is an ample supply of low quality hay available in the state due to challenging hay making conditions this growing season.
For Missouri, hay supplies are light, demand is very good and hay prices are steady to higher. There are many phone inquiries for hay. A portion of the state is listed on the drought monitor and it has increased interest and demand for hay.
In Southwest Minnesota, little dairy quality hay available and prices reflect the quality of hay available this past week.
In Wisconsin, second cutting of hay is about done in the state. There is a large hay inventory around the state and much is lower quality. Quality hay brings good prices. Lower quality hay it depends on how many buyers are at sale and the size of the lot.
Straw prices were steady. Small square bale straw price averaged $3.25 a bale (range of $3.00 to $6.00). Large square bale straw prices averaged $39.00 per bale (a wide range of $15.00 to $52.00). Large round bale straw averaged $44.00 per bale (range of $28.00 - $62.00).
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