Monday, August 12, 2019

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments
Hay prices were steady with a downward trend. There has been a number of questions about straw pricing. Yes, it is included in this report. The straw report will move to the first comment section on the next page. The prices are for only oat, barley, or wheat straw. If you have excess straw, hay or forages to sell or are looking to buy forage, connect to the Farmer-to-Farmer webpage at http://farmertofarmer.uwex.edu/ to place an ad for your need or what you have to sell. Contact your local county agriculture educator if you need help placing an ad. There is no charge for the service.

Straw prices are for oat, barley, or wheat straw. Prices are strong with small grains coming off the field. Small square bales averaged $4.70 a bale (range of $2.50 to $6.50). Large square bale straw averaged $50.00 per bale (a wide range of $25.00 to $125.00). Large round bale straw averaged $51.00 per bale (a wide range of $25.00 - $72.00).

For Nebraska, hay sold steady, with light demand. Most farmers say crops are three weeks behind
normal, including hay harvesting. In Iowa, prices appear to be sliding downward. Prices are reflecting the quality of hay available at auction. There is more hay and straw available at auctions.

In South Dakota, prices are steady on a light demand. Demand is good for quality hay and straw.
Buyers are discounting lower quality hay. Dry weather is advancing small grain and hay harvest.
In Missouri, hay supplies are building in the state, however much may be less than top quality. Hay
buyers should be asking for test results before buying this year as quality is all over the board. Supplies and demand are moderate with steady to weak prices.

In Southwest Minnesota, prices were steady to weaker with light demand. In Kansas, market activity
and demand is slow to moderate with steady prices. The state could use a good soaking rain. Many areas are dry as this is the first report in 2019 with a precipitation deficit listed.

In Wisconsin, prices remain strong with demand for quality hay. Hay supplies are tight with a good
supply of lower quality hay and little top quality. It is hard to string together 3 or 4 days of good weather to bale hay.

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