Monday, June 17, 2019

Wet weather still affecting hay trade

In Nebraska, baled hay sold steady on a very thin test. Demand was very good for dehydrated and sun-cured alfalfa pellets. Light demand for old crop hay with moderate demand for new crop alfalfa going to dairies. Some new crop alfalfa has been sold at 1.05 per point on RVF results. Prices given on a per-ton basis, unless otherwise noted.

Eastern/central—Good grass hay, large rounds, $95-$100; premium, small squares, $160-$170. Good brome, small squares, $6.50-$7/bale. Cornstalks, new crop, large rounds, $60. Dehydrated alfalfa pellets, 17% protein, $320; Organic dehydrated alfalfa pellets, 16% protein, $375; sun-cured alfalfa pellets, 15% protein, $300.

Platte Valley area—Good alfalfa, large rounds, $110 delivered. Standing hay price, $70$-75, instances $80. Ground and delivered alfalfa, $140-$155. Ground and delivered alfalfa-stubble mix, $130-$145. Ground and delivered cornstalks, $95-$110. Dehydrated alfalfa pellets, 17 percent protein, $245.

Western—Alfalfa, ground and delivered, $153-$158. Sun-cured alfalfa pellets, 15% protein, $255.
In South Dakota, hay prices were higher with very few sales reported. Very good demand for all types of hay and bedding in this active market. Growers are starting to cut and bail new crop bringing much needed supply stability.

East River—Supreme alfalfa, new crop, large squares, $225-$250; premium, old crop, large squares, $220; good, large squares, $180-$190; fair, large squares, $150-$160, large rounds, $140-$165; utility, large rounds, $115-$128. Sun-cured alfalfa pellets, 15% protein, $240; 17% protein, $250.

Alfalfa meal, 17% protein, $255. Good grass, large rounds, $140-$150. Good alfalfa/grass mix, large rounds, $150-$175. Straw, large rounds, $110, large squares, $135-$150. Corn stalks, no reported sales.
West River—Alfalfa, no reported sales. Grass, no reported sales. Alfalfa/grass mix, no reported sales.
In Iowa, hay was cut for the first time at the beginning of this week across Iowa. Very little 2018 hay was left to be sold and many growers were emptying out their barns to sell older crop hay and bedding as livestock producers were growing desperate.

Supreme alfalfa, large squares, $320. Premium alfalfa/grass, large squares, new crop, $267; fair, small squares, $170-$200. Premium grass, small squares, new crop, $200-$240. Good, large squares, new crop, $125-$166, large rounds, $160-$180; fair, large rounds, new crop, $100-$120; utility, large rounds, $80-$100. Oat straw, small squares, $235. Organic hay, none reported.

In Wyoming, compared to last week all reported forages sold steady on a thin test. Demand was light to moderate.

Eastern—Good alfalfa, large rounds, $150-$160 delivered. Sun-cured alfalfa pellets, 15% protein, $255.

Central/western—Certified weed seed free alfalfa cubes, bulk, $230-$240, 50 lbs bags, $270-$280.
In Colorado, due to typical light seasonal trade activity, reporting of this market will resume when activity warrants. Coverage will resume typically early June to mid-June 2019.

In Missouri, farmers continue to wait for a break in the weather to get to the hay fields. Hay supplies are light, demand is light to moderate and prices are steady although sales of new crop hay are still very limited.

Supreme alfalfa (RFV <185), $185-$225, small squares, $7-$9/bale; premium alfalfa (RFV 170-180), $170-$200; good alfalfa (RFV 150-170), $120-$160, small squares, $5-$7/bale; fair alfalfa (RFV 130-150), $100-$125. Good mixed grass hay, $100-$125, small squares, $5-$8/bale (some alfalfa/grass mix); fair/good mixed grass hay, $75-$100, small squares, $4-$6/bale; fair mixed grass hay, large rounds, $40-$70/bale. Good brome grass, $120-$150; fair/good brome grass, $60-$100. Wheat hay, large rounds, $40-$60/bale. Wheat straw, small squares, $3-$6/bale.

In Oklahoma, hay trade not established last week due to the heavy rains and tornados that continue to occur across the state. Flooding has been a major issue prompting a state of emergency for all counties in the state.

Please note that prices below are very limited and some prices from the May 24 and May 31 reports.
Central—Premium new crop alfalfa, $160-$200.

Eastern—Premium, new crop alfalfa, $160. Mixed grass hay, 4 x 5 bales, $50-$60/bale.

Western—Premium new crop alfalfa, first cutting, large squares, $195-$200. New crop bunk hay, $160. New crop wheat hay, $80-$90, mostly $85. Good mixed grass, round bales, $90-$110, 5 x 5 to 5 x 6 bales, $50-$60/bale.

In Texas, hay traded steady on light to moderate movement.

Panhandle/High Plains: Premium/supreme alfalfa, large squares, delivered, $260-$270, small bales, $297-$330, $9-$10/bale; good/premium, $225-$260. Ground alfalfa, delivered to feedlots, average, $210-$220. Calf, $230. Good/premium coastal bermuda, large bales, delivered, $160-$240, small bales, $360, $11/bale. Wheat, large bales, delivered, $140-$165; rained on, $100. CRP, large bales, delivered, $85-$90. Cotton burrs, delivered, contracted, $90-$100.

Far West Texas/Trans Pecos—Premium/supreme alfalfa, small squares, delivered local or FOB, $290, $8-9/bale, large squares, FOB, $250-$290.

North/central/east—Premium/supreme alfalfa, large squares, delivered, $290-$310. Good/premium coastal bermuda, small squares, FOB, $297-$330, $9-$10/bale, large rounds, FOB, $120-$130, $60-$65/roll. Fair/good, $90-$120, $45-$60/bale.

South Texas: Good/premium coastal bermuda, small squares, FOB, $264-$297, $8-$9/bale, large rounds, FOB and delivered locally, $100-$120, $50-$60/bale; fair/good, $165-$264, $5-$8/bale.
In New Mexico, compared to last week, alfalfa hay large bales prices steady. Trade active, demand good.

East—Premium/supreme alfalfa, large squares, $230-$245; good, delivered to dairies, $215-$220. Baled wheat hay, $180-$190, small bales, $12/bale. Ground hay, $178.

Southeast—Premium/supreme alfalfa, large squares, $230; good, delivered to dairies, $215-$220, small squares, bundle(21 bales), two tie, $300-$320 loaded on truck. Wheat hay, large bales, $190.
South/southwest—Premium/supreme alfalfa, large squares, $200-$220, small squares, bundle(21 bales), three tie, $200-$230 per ton, two tie, $9-$11/bale FOB; good, large squares, $150-$200 delivered to dairies. Wheat hay, large squares, $150-$200, large rounds $110, small bales, two tie, $4.50-$8/bale. Oat hay, $160-$180.

North central—Premium/supreme alfalfa, small squares, three tie, $19, two tie, $8-$10 /bale.
In Minnesota, loads sold exceeded last years number at this time.

Premium alfalfa, large rounds, $175-$210; fair, large rounds, $105-$120. Premium grass, large rounds, $205; good, large rounds, $170-$185; fair, large rounds, $130-$165; utility, large rounds, $85-$115. Premium alfalfa/grass mix, large rounds, $200-$215. Alfalfa/straw mix, large rounds, $70. Grass/wheat mix, large rounds, $34. Millet hay, large rounds, $100. Straw, scarce. Corn stalks: large rounds, $17-$41/bale (mostly $30-$41).

In Montana, hay sales are light. Due to the light trade, this report will only be released bi-monthly until early August, when heavier receipts can be confirmed. Prices from May 31.

Supreme alfalfa, small squares, $200-$250; premium, small squares, $200; good, large rounds, $90-$100; fair/good, large rounds, $75-$100, small squares, $125-$140; utility, large rounds, $70-$80. Fair grass/alfalfa, large rounds, $75-$90. Good grass, large rounds, $110; fair, large rounds, $75-$85; utility, large rounds, $65-$70. Premium Timothy, small squares, $225-$240; good, small squares, $160-$180.


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