Tuesday, May 28, 2019

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments
Hay prices were strong this past week. Cool and wet weather conditions has delayed much of the hay crops growth. Many farmers are running out of forage and must buy forage or move cows to pasture that is not ready. Quality hay is in short supply and buyers are paying higher prices for lower quality hay. Many farmers in Wisconsin are scratching for forages, because of extensive winter injury or lost alfalfa stands. If you are looking to buy or sell forage, connect to the Farmer to Farmer webpage at http://farmertofarmer.uwex.edu/ to place an ad for your needs or what you have to sell. Contact your local county agriculture agent if you need help placing an ad. There is no charge for the service.

For Nebraska, hay sold steady with moderate demand. More reports of winter injury to alfalfa across the state. Rain has put a halt to planting. In Iowa, prices are steady to strong with demand for hay and bedding material with very little supply. Wet and cool weather is in forecast and has a cloud on harvesting hay.

In South Dakota, prices are steady with few reported sales. Demand is good. Another poor week of spring weather.

In Missouri, farmers are trying to bale new crop hay. Pricing new crop is a challenge as weather questions may drive prices. There are many areas in the state with flooding.

In Southwest Minnesota, prices were steady with light demand and very little hay available. Cool, wet weather has more questions than answers for farmers. In Kansas, activity and demand are very slow with steady prices. As much of the mid-west weather conditions has caused many to begin hay harvest and are now forced to wait for better weather.

In Wisconsin, prices are strong with a high demand for all classes of hay. Many reports of winterkilled alfalfa in the state and many are developing plans to cover forage needs for 2019 and 2020.

Straw prices are for oat, barley, or wheat straw. Prices were steady to strong and good demand for straw. Small square bales averaged $3.85 a bale (range of $1.50 to $6.00). Large square bale straw averaged $68.00 per bale (a wide range of $32.00 to $125.00). Large round bale straw averaged $48.00 per bale (a wide range of $25.00 - $75.00). Wheat straw may demand a slightly higher price and straw quality does affect the price.


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