Monday, August 13, 2018

Hay Market Demand and Price Report for the Upper Midwest

All hay prices quoted are dollars per ton FOB point of origin for alfalfa hay unless otherwise noted.

The information presented in this report is compiled from public and private sales and reports in the Midwest.

Demand and Sales Comments
Prices were steady with support for better quality of hay. However, the market is a tick below the last report. Lower quality hay and round bales were discounted in the market.

For Nebraska, alfalfa sold unevenly steady. Demand was light. There is a good demand for grinding hay. Rains have delayed some hay making. For Iowa, buyers are aggressively seeking out quality hay and straw at the market. Lower quality hay has had a depressed price.

In South Dakota, hay prices were dependent on the quality of the hay. Light reported sales this week. Quality hay prices are steady, lower quality hay is discounted. Interest is light to moderate. Third crop is being harvested and there is hope it will be higher quality.

For Missouri, large portion of the state is listed on the drought monitor. Some cattlemen are supplementing hay on pasture. Demand for hay is good and there are limited amounts of “local” hay available and most is being trucked. Hay prices are steady to firm.

In Southwest Minnesota, prices were lower in these markets this week. There was a limited amount of quality hay available.

In Wisconsin, third cutting has begun, but spotty showers are delaying getting hay into storage. There is a large hay inventory around the state and much is lower quality.

Straw prices were steady with a wide range of prices. Small square bale straw price averaged $3.55 a bale (range of $3.00 to $6.00). Large square bale straw prices averaged $37.00 per bale (a wide range of $18.00 to $67.00). Large round bale straw averaged $37.00 per bale (range of $15.00 - $53.00).


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