Demand and Sales Activity
Overall hay prices were steady for this report compared to the previous report . H ay supplies are limited in some areas with the concern of a possible drought. This week is the last auction for the season at some locations.
For Nebraska , compared to the last report alfalfa hay sold mostly steady with slow m ovement of hay . Dry weather has some producers concerned and they are holding hay inventory rather than marketing the hay.
For Iowa , alfalfa hay sold steady. Buyer inquiry was moderate with light offerings of mostly lower quality hay this week.
In Sout h Dakota , light hay movement with steady prices on all classes of hay. A drought concern has some producers sold out of hay or holding on to supply until after first cut is finished. Approximately 60% of South Dakota is abnormally dry currently according t o the drought monitor.
For Missouri, some cattle in southern areas are out on pasture and most of the state has had adequate moisture . Hay feeding has decreased, but overall hay prices have been steady with light demand .
In Southwest Minnesota, prices were steady with light hay movement in the area .
For Illinois, demand was moderate too good for moderate hay offerings with steady to weaker prices.
In Wisconsin , hay prices were strong for all hay types with an active market with ligh t supplies .
There is a steady demand for s traw at local markets. Midwest straw price i s steady . Small square bale straw rebounded from the last report to $ 3 . 4 0 per bale (range of $1.00 to $6.00) ; numerous markets report a demand for small square bale s . L arge square bale straw price is steady with an average price of $ 3 5 . 60 per bale (range of $ 2 7 .00 to $ 5 6 .00); and large round bale straw was weaker with an average price of $ 34 .00 per bale (range of $ 2 7 .00 to $ 4 5 .00).
Source:uaex.edu
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