Tuesday, July 28, 2020

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments 
Top quality alfalfa hay prices remain steady with some downward pressure on prices. Lower quality hay is discounted in the markets. It appears that hay inventory, hay supply remains tight, and auction sites report an increase of hay inventory on the farm. If you need forage or have forage to sell, connect to the Farmer-to-Farmer webpage at http://farmertofarmer.uwex.edu/. You may 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. Straw is coming off the field at many markets this week, but most sites commented a limited supply of bedding. Small square bales averaged $4.00 a bale (range of $3.00 to $6.00). Large square bale straw averaged $48.00 per bale (a range of $15.00 to $69.00). Large round bale straw averaged $50.00 per bale (a range of $35.00 - $80.00).

In Nebraska, all forages sold steady this week on a light test. Most buyers are tire kickers this week waiting to buy down the road. In Iowa, prices on all types of hay were mostly steady.

In South Dakota, alfalfa and grass hay sold fully steady this week. Great demand from dairies looking for top quality alfalfa hay, moderate demand for other classes of hay. Good supply of quality alfalfa and grass hay.

In Missouri, hay prices are steady with a heavy supply and a light demand. In Southwest Minnesota, prices were steady with a limited supply of quality hay at the market.

In Kansas, hay trade is slow, with light demand. Drought concerns were lessening this week with spotty rainfall. In Wisconsin, prices are steady for quality hay. Lower quality hay prices have backed off.



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