Farms.com Home   News

Hay Market Demand And Price Report For The Upper Midwest As of January 25 , 2016

Demand and Sales Activity

Hay prices were steady compared to the previous report . Prime quality small square bale alfalfa is a major influence on price . There is a wide spread in hay prices between prime hay and grade 3 hay , also package type provides a wide range within hay grade s . Prices reflect the demand for small square alfalfa hay .

For Nebraska , prices were fully steady . There was a s trong d emand for small square hay in the market this week from the horse and small farm producers . The bulk of hay is for f eedlots , dairy hay market is slow.

For Iowa , slower movement of hay this week . Organic hay is moving at conventional prices.

In South Dakota , alfalfa hay prices were steady with firm undertones for dairy quality hay . Lower qual ity hay demand improved this week. One negative in the market is there is little commitment from farmers to purchase hay in the near future . Bedding materials continue in demand.

For Missouri, w eather is the main topic as freezing temperatures with snow to ice have lead to dangerous travel and slow hay movement . Cattle needs for hay may have peaked and hay movement continues to be slow . Local ads for hay are very few, not because of little supply , but little interest in buying hay . Hay supplies are heavy, demand is light, and prices are steady .

In Southwest Minnesota, good supply of hay offered this week , the m ajority of the hay was lower quality with no prime hay offered for sale.

For Illinois, small square bales were the s trength of the market . Demand was good for moderate offerings, and steady prices.

In Wisconsin , finally some prime quality alfalfa hay at auction. Lower quality hay is plentiful in the Wisconsin . Overall hay prices are steady to slightly higher when compared to the last report. T he Midwest straw prices continue st eady .

Market price for s mall square bale avera ged $ 3 . 4 0 a bale (range of $ 1 . 0 0 to $6.00) . L arge square bale straw price increased a few dollars per bale , with an average price of $ 3 3 . 0 0 per bale (range of $ 2 0 . 00 to $ 5 5 .00); and large round bale straw price was a few dollars less , av erage price was $ 27 .00 per bale ( range of $ 16 .00 - $ 3 5 .0 0 per bale ) . Demand was good for straw in the Midwest.

Source:uwex.edu


Trending Video

2026 USDA Acreage Fireworks Next Week? + RVO’s Old new

Video: 2026 USDA Acreage Fireworks Next Week? + RVO’s Old news


Next week’s USDA reports (acreage/stocks) could be a surprise/market moving. RVO’s (new blending biofuel requirements) were as expected with no big surprises and already baked into futures. E15 summer waiver just simply good optics. Markets are skeptical that the war in Iran ends soon with no diplomatic off ramp. The Trump/Xi meeting in China now May 14 – 15. March 1 USDA hogs and Pigs report was friendly/bullish + CFTC and more.