Demand and Sales Activity
Hay price s average about $ 6 .00 per ton less , when compared to the previous report . Supply currently exceeds demand and from comments, some hay lots are not getting a bid at auction. Purchased small lots did influence the prime hay price .
For Nebraska , demand remains light . Prices were steady to $10.00 lower at the market.
For Iowa , supply is good with lower demand and lower prices . Wet weather is delaying hay making or damaging hay that has been cut forcing prices down, except for prime quality .
In South Dakota , steady prices fr om limited sales , which makes it difficult to get an accurate comparison . Demand is light at best. Very few sales reported as farmers are only purchasing what they need at the present time .
In I llinois , no report this week . For Missouri, supply of hay is moderate , demand is light, and prices are steady . High temperature and humidity has helped prevent some crops from burning up . Currently 20% of the state is abnormally dry.
In Southwest Minnesota, good supply of lower qu ality hay, with light demand, and lower prices . Literally no supply of dairy quality hay at the auction this week.
In Wisconsin , hay supply exceeds demand .
Round bales are gathering on field edges . There have been a number of comments from local auctions of no bids on some hay lots. Quality was not the determining factor. Overall s traw price was weake r this week. Small square bale straw a verage d $ 2 . 2 0 a bale this week (range of $ 1 . 0 0 to $6.00) .
Large square bale pr ice backed down $ 10 .00 a bale from the last report. The average price is $ 26 . 0 0 per bale (range of $ 15 . 00 to $ 4 1 .00) . L arge round bale straw prices remained steady with average price of $ 3 1 .00 per bale (range of $2 1 .00 to $ 47 .00) . With small grain harvest currently beginning straw may have a greater supply compared to demand, though there is interest in straw in livestock areas.
Source:uwex.edu