Tuesday, August 11, 2020

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments 
Hay inventory is increasing, but overall supply remains tight in areas across the Midwest. Dairy hay remains in demand and hay prices remain steady. Lower quality hay is discounted and straw is coming off the field to the market this week. If you need forage or have forage to sell, connect to the Farmer-toFarmer 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 and being delivered to the market. Small square bales averaged $3.80 a bale (range of $3.00 to $6.00). Large square bale straw averaged $52.00 per bale (a range of $23.00 to $70.00). Large round bale straw averaged $49.00 per bale (a range of $30.00 - $95.00).

In Nebraska, all forages sold steady this week, buyer inquiry was moderate with most phone contacts stating it was a “slower week”. In Iowa, prices on all types of hay were mostly steady.

In South Dakota, all classes of hay steady to firm. Demand is moderate with buyers only buying if there was currently a need. Dry conditions are reducing third cutting yields.

In Missouri, a lot of hay being offered for sale, but most farmers baled as much as they wanted this growing season. Pastures are greening up with timely rains. Hay prices remain steady, with a heavy supply, while demand is light.

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 and steady prices. Most areas of the state received welcomed rain this past week, while needed it is delaying hay making.

In Wisconsin, prices are steady for quality hay. Lower quality hay prices have backed off. There have been smaller crowds at the auction.


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