Tuesday, March 15, 2022

Hay Market Demand and Price Report for the Upper Midwest

Demand and Sales Comments

Prices are steady to stronger this week with dairy quality hay providing the strength. Dairy quality hay is supporting the market while low quality hay is heavily discounted. Some farmers are deciding to hold hay stocks because of drought concerns. If you have questions on this report contact richard.halopka@wisc.edu . If you need forage or have forage to sell or straw, connect to the Farmer-to-Farmer website. 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 prices are steady to strong. Small square bales averaged $4.90 a bale (range of $3.00 to $6.00). Large square bale straw averaged $41.00 per bale (a range of $23.00 to $56.00). Large round bale straw averaged $51.00 per bale (range of $40.00 – $60.00).

In Nebraska, hay sold fully steady. Demand picked up in central part of the state. There is a limited amount of hay for sale as some are on the fence to move 2021 crop or hold on as currently there is drought concerns across the state.  In Iowa, no report.

In South Dakota, all classes of hay sold steady. Good demand for all types of hay, but market activity has slowed. Hay supplies are limited, which is supporting the market.

In Missouri, hay supply is moderate and demand is light to moderate with prices mostly steady. Snow cover has helped moisture concerns, but many areas have drought concerns.

In Southwest Minnesota, no report. In Kansashay market prices remain steady with undertones of stronger prices. Movement remains slow as some farmers are deciding to hang on to supply because of drought concerns.

 In Wisconsin, prices are strong for dairy quality hay. Low quality hay is sharply discounted.





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