Thursday, December 27, 2018

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments
The hay market is steady to stronger. A note from November USDA hay report, “Alfalfa saw a price of $178/ton being the average nationwide in 2018, while the October price in 2017 was lower at $153/ton.”

For Nebraska, hay sold unevenly steady this week with a light demand. Warm temperatures and snow melt has allowed cattle to walk for feed rather than be fed forages.  For Iowa, prices have
increased reflecting a short supply of top quality hay availability. Sellers may bring hay to the
market after the first of the year.

In South Dakota, good demand for quality alfalfa hay with an increase in prices. Large squares are
hard to find and buy as many farmers made round bales with our summer weather patterns. Lower
quality hay is discounted and many beef herds are back on corn stalks as snow disappears.

For Missouri, hay prices are steady, with moderate to good demand and a good to light supply
available. Many fields still have combines in them, which is not as odd as hay equipment in fields
in December.

In Southwest Minnesota, prices were steady. A theme at the market is limited supply of quality hay
and lower quality hay being discounted.

In Wisconsin, steady demand and price for hay. There is a limited supply of quality alfalfa hay.

Straw prices include oat, barley, or wheat straw, not soybean. Prices were steady. Markets are
looking for straw and there is a good demand. Small square bales averaged $3.15 a bale (range of
$1.50 to $6.00). Large square bale straw averaged $48.00 per bale (a range of $33.00 to $71.00).
Large round bale straw averaged $41.00 per bale (a range of $35.00 - $63.00). Wheat straw will
demand a slightly higher price and quality does impact price higher or lower.

#completeforageprogram



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