Demand and Sales Activity
Hay price s were steady to a little weaker on this report compared to the previous report . Supply currently exceeds demand and in our area round bales on the fence line are a common site. Some classes of hay only had one sale reported this week .
For Nebraska , demand remains light with reports of very good forage yields in the state . Prices were steady to weak at the market.
For Iowa , supply is good with lower demand . Oat harvest began in the state and new crop straw is available at the market .
In South Dakota , steady prices for limited sales . Demand is light at best. Rainfall has relieved some drought concerns short term.
In I llinois , demand for hay was moderate to good . Prices were steady to firm. Dry conditions have provided some concern for hay supp ly . Some in need of hay are buying early to assure a supply of hay.
For Missouri, supply of hay is moderate , demand is light, and prices are steady . Rainfall was appreciated as many areas of the state were in need of moisture for the crops .
In Southwest Minnesota, good supply of lower quality hay, with light demand, and lower prices . Literally no supply of dairy quality hay at the auction this week. In Wisconsin , hay sup ply exceeds demand . As mentioned earlier round bales are agai n dotting the rural landscape as inventory of hay is increasing. Currently it is a buyer ’ s market . Straw s mall square bale price remained steady this week with an average price of $ 3 . 00 a bale t his week (range of $ 1 . 0 0 to $6.00) . There was an increase in the price of large package straw this week.
Large square bale price in creased $ 9 .00 a bale this week . The average price is $ 35 . 0 0 per bale (range of $ 26 . 00 to $ 4 1 .00) . L arge round bale straw followed suit and increased $ 6 .00 a bale with average price of $ 3 2 .00 per bale (range of $2 6 .00 to $ 47 .00)
Source:uwex.edu