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Hay Market Demand And Price Report For The Upper Midwest As Of October 9, 2015

Demand and Sales Activity

The all grade hay price from all markets in creased by about $ 8 .00 per ton this week compared to the previous report even though there was a limited sample of reports this week (read market comments from states). The data is collected from markets in Wisconsin and nearby Midwestern states.

For Nebraska , hay sold steady to $5. 00 per ton lower. T here i s light demand with a n adequate supply of forages . Moderate demand was from backgrounding and feedlot operations with a limited demand from all other buyers. Most hay growers are busy in the field and not marketing for a ge a t this time .

For Iowa , hay sales continue to be slow . The report from the field is farmers are busy with fall harvest and hay acquisition is on the back burner .

In South Dakota , very limited sales this week with steady prices . As r e ported from other states fall field work is keeping many from marketing and purchasing of forages . Most hay buyers are only buying what is neede d rather than lock in a price for their feeding season supply.

For Missouri, a very good supply of hay for a very light demand with steady pricing. Many hours this week spent on fall grain harvest, with limited activity at hay auction s . Grain harv est is ahead of the five year average.

In Southwest Minnesota, l iterally no prime quality hay at auction and prices were weak for the lower quality hay. Very small sample this week with only two loads of alfalfa hay sold .

For Illinois, demand for hay is light to moderate, for moderate to heavy offerings with steady prices . The 2015 growing season was one of the most diffi cult for hay producers . Rainfall , while necessary was a determent for dry hay production in 2015. In Wisconsin , limited supply of qu a lity hay at auction , along with a large volume of lower quality hay produces weak prices.

As other comments have stated , many producers are focused on fall field wo rk, with limited attention to hay purchasing. Currently across Wisconsin there is a good supply of lower quality hay . The M idwest straw market overall was mixed this past we ek . Small square bale straw has a st rong market ; with a n average price t o $ 3 . 6 0 a bale (range of $ 1 . 0 0 to $6.00) .

Large square bale straw price was strong this week , with average price of $ 3 5 . 0 0 per bale (range of $ 24. 00 to $ 49 .00); and large round bale straw prices were weak this week ; with a n average price of $ 29 .00 per bale ( range of $ 1 2 .00 - $ 40 .00 per bale ) . ( Please note th ere wa s a very limited sample this week as many markets didn ’ t report any straw sales ).

Source:uwex.edu

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