Hay Market Demand And Price Report For The Upper Midwest As Of January 9, 2017

Jan 10, 2017

Demand and Sales Activity

Some markets have not sent out reports from last week ’ s auctions. This may or may not be related to the holiday season. Overall the m arket is steady to a touch lower this week. L ower quality hay has influenc e d the market .

For Nebraska , demand is light , prices were steady this week . A dequate supplies of hay provide resistance t o a n increase in price s .

For Iowa , supply is adequate to cover needs with s t eady prices. Demand improved after the holiday season, but prices have remain ed steady. No certified organic hay this week on the market.

In South Dakota , all classes of hay sold steady to weak with very few reported sales . Demand is light. Low cost of other cattle feed is providing little reason to pay more for hay. Better demand for bedding with snow and cold temperatures. In I llinois , no reports from any markets this week .

For Missouri, no report this week . In Southwest Minnesota, total loads of hay have increased this week . Grade 1 or lower quality was available and low quality hay was discounted. In Wisconsin , hay p rice s were lower reflecting only lower quality hay available at the auction. Overall the s traw market had little move ment in prices . Small square bale straw price decreased a veraging $ 2 . 5 0 a bale this week (range of $ 1 . 0 0 to $ 4 . 5 0) .

Large square bale price was stronger with an a verag e price of $ 3 6 . 0 0 per bale (range of $ 20 . 00 to $ 65 .00) . L arge round bale s were unchanged from the last report at $ 3 2 .00 per bale (range of $ 2 5 .00 to $ 3 5 .00) . M arkets mentioned a demand for bedding material s this week with colder weather .

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