Tuesday, November 27, 2018

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments
With a holiday week some data was collected from the previous week’s auctions. The hay market is steady to strong. Demand has increased across all classes of hay. Quality hay was in demand and prices reflect the demand this week. Round bales and low quality hay were discounted.

For Nebraska, hay sold steady this week. Many are looking for looking for cheaper sources of roughage to blend with their winter rations. Cattlemen are filling cornfields with cows for winter grazing and few have are asking the cost of hay. For Iowa, top quality hay is in short supply. Most are buying as it is needed basis and taking advantage of some nice weather to keep cows on pasture.

In South Dakota, premium grades of hay are steady to higher this week. There is a good demand for all classes of hay and straw. Dairy prices continue to impact the hay market. There is a demand for quality grass hay as cattlemen wean calves and move them to feed yards.
For Missouri, hay prices are steady, with light to moderate demand and supply. Soft ground conditions have limited the movement of trucks in and out of yards to early morning.

In Southwest Minnesota, prices were steady. Mostly round bale hay available and round bales are generally discounted.

In Wisconsin, top prices for quality alfalfa hay this week. There is demand for top quality just not much available. Low quality hay is discounted depending if it was stored or was on the fence row.

Straw prices were steady to stronger this past week with straw being mentioned as scarce at many markets. Small square bale straw averaged $3.50 a bale (range of $1.50 to $6.00). Large square bale straw averaged $45.00 per bale (a wide range of $23.00 to $78.00). Large round bale straw averaged $46.00 per bale (a range of $40.00 - $60.00). Straw quality does impact price.

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