Sunday, November 25, 2018

South Dakota Weekly Hay Summary

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

   Compared to last week:   Supreme quality alfalfa steady to higher,
Grass hay steady to higher on premium grades.  The Thanksgiving holiday
made for a light hay comparison to last week’s hay prices.   There
continues to be good demand for all qualities of alfalfa, high quality
grass hay, as well as all forms of bedding.  Dairy continues to have poor
margins which makes high quality hay difficult to acquire. Feedyards
continue to move bawling calves and their need for high quality grass hay
is high. The South Dakota crop harvest is at 82% of corn and 98% of
soybeans harvested the USDA reported on November 18th. Weather this week
was warmer than average temperature, with some areas getting moisture in
rail or snow this week. This added moisture made for poor conditions to
bale corn stalks and move bales in the country. Corn futures traded lower
and closed today at $3.59 per bushel, down 5.6 cents from the close last
week and 14.4 cents from the highest close on Nov. 8th.  All hay and
straw sold by the ton FOB, unless otherwise noted.

East River:
   Alfalfa:  Supreme: Large Squares, 230.00.  
Premium: Large Squares, 175.00.

   Sun-cured Alfalfa pellets:  15 pct 185.00; 17 pct 190.00.  Alfalfa
Meal: 17 pct 195.00.  

   Grass:  Premium: Large Squares, 190.00.  Fair: Large Rounds, 115.00.

   Alfalfa/Grass Mix:  Premium: Large Squares, 200.00.

   Kochia Hay: Large Rounds, 35.00

   Straw:  Large Rounds, 120.00.

   Cornstalks:  Large Rounds, 50.00.

  West River:
   Alfalfa:  No Reported Sales.

   Alfalfa/Grass Mix:  No Reported Sales. 

   Grass:  No Reported Sales.

   Straw:  No Reported Sales.


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