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Hay Market Demand and Price Report for the Upper Midwest -for February 14, 2023

By Richard Halopka

All hay prices quoted are dollars per ton FOB point of origin for alfalfa hay unless otherwise noted.

The information presented in this report is compiled from public and private quality tested sales and reports in the Midwest.

Previous hay reports can be viewed on the archive.

Hay auction data is collected on the first and third week of the month and posted by or before Tuesday. Prices quoted in this report are for “as fed” alfalfa hay.

Demand and Sales Comments

Hay market price is steady. Drought areas have strong prices with very tight supply. Hay market may be lower where there is adequate hay supply. 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.

Upper Midwest Hay Price Summary by Quality Grade

Hay Grade

Bale type

———- Price ($/ton) ———-

Average

Minimum

Maximum

Prime (> 151 RFV/RFQ)

Small Square

$336.00

$240.00

$416.00

 

Large Square

$228.00

$160.00

$425.00

 

Large Round

$217.00

$160.00

$313.00

Grade 1 (125 to 150 RFV/RFQ)

Small Square

$252.00

$180.00

$260.00

 

Large Square

$206.00

$150.00

$300.00

 

Large Round

$175.00

$125.00

$300.00

Grade 2 (103 to 124 RFV/RFQ)

Small Square

            No Reported Sales

 

Large Square

$149.00

$115.00

$225.00

 

Large Round

$133.00

$80.00

$195.00

Grade 3 (87 to 102 RFV/RFQ)

Small Square

            No Reported Sales

 

Large Square

$137.00

$70.00

$185.00

 

Large Round

$98.00

$50.00

$165.00

Straw prices are for oat, barley, or wheat straw. Straw prices are steady. Small square bales averaged $4.80 a bale (range of $3.00 to $7.00). Large square bale straw averaged $51.00 per bale (a range of $27.00 to $82.00). Large round bale straw averaged $49.00 per bale (range of $30.00 – $82.00).

In Nebraskaround bales sold at steady prices with a strong market for large squares. Good demand this week for all classes of hay.    

In South Dakota, all classes of hay have a good demand with steady prices. Cold and snow have feeders looking for hay and bedding.

In Missouri, hay supply is light; demand is moderate, with steady prices. Weather is causing some mud conditions.

In Kansasprices are steady with moderate demand. Trade activity is slow to moderate. Drought conditions has people looking for hay, but very little supply, equals higher prices.  

 In Wisconsin, prices for dairy quality hay are steady. Overall Wisconsin has a good supply of forage. Dairy hay prices are good, but lower quality may be discounted.

The next Hay Market Demand and Price Report for the Upper Midwest will be posted by Tuesday, February 28, 2023.

The following links are included in this report allowing producers to obtain some state and nearby state prices, (these may not be quality-tested auctions, if quality, they are included in this report). The Equity Cooperative market report is at http://livestock.equitycoop.com/market_reports/.  Go to the Lomira, Reedsville, and Stratford locations for their reports on untested hay and straw prices.

The Reynolds Feed & Supply, LLC of Dodgeville is at http://www.reynoldslivestock.com/what1snew/.

The Tim Slack Auction and Realty, LLC of Fennimore is at http://www.timslackauctionrealty.com/market%20report.html.

The Dyersville Sales Company of Dyersville, Iowa is at http://dyersvillesales.com/hay-auction/hay-auction-results/.  Fort Atkinson auction is at http://www.fortatkinsonhay.com/

The Farmer-to-Farmer website is an electronic neighborhood bulletin board that allows local farmers to get in touch with one another to facilitate the marketing of feed commodities. It also connects those with productive pastures to those producers who are in need of pastures. If you would like assistance posting to this web site, contact your county’s University of Wisconsin-Madison Division of Extension agriculture agent.

Source : wisc.edu

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