Monday, March 11, 2019

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments
Hay prices are strong. Hay prices have increased in all classes of hay. If you are looking to buy or sell forage connect to the Farmer to Farmer webpage at http://farmertofarmer.uwex.edu/ to place your needs or what you have to sell. There is no charge for the service.

For Nebraska, hay sold steady to higher with good demand. Winter weather hangs on and the demand for hay increases. For Iowa, hay and bedding are in demand as prices continue to increase. Top quality is in short supply. Some livestock farmers are advertising to lock in a 2019 hay supply.

In South Dakota, very good demand and firm prices for all classes of hay. Winter weather is the key ingredient as livestock need more stored feed as supply is tight. In Kansas, hay market activity is light to moderate with a moderate demand. Supplies are generally light, but there is still some hay to sell.

For Missouri, old man winter refuses to let spring begin. Hay supply is light with moderate demand and steady prices. Moisture currently is adequate and some fear mud will be a problem shortly.

In Southwest Minnesota, prices were steady with an increase in supply this week.

In Wisconsin, prices are strong with demand for all classes of hay. Shortage of quality hay has pushed prices higher on all classes of hay.

Straw prices reported are for oat, barley, or wheat straw, not soybean straw. Prices were strong as there is a strong demand for straw. Small square bales averaged $4.35 a bale (range of $1.50 to $6.00). Large square bale straw averaged $53.00 per bale (a wide range of $25.00 to $85.00). Large round bale straw averaged $63.00 per bale (a range of $30.00 - $70.00). Wheat straw typically will demand a slightly higher price and overall straw quality does impact the price.

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