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Hay Market Demand And Price Report For The Upper Midwest As of March 6, 2015

Demand and Sales Activity

Overall hay prices were weaker for the second week in a row . P remium and good quality hay price w as str ong , while lower quality hay contributed to a decline in overall hay price. Hay supplies are good , but demand remains moderate to light at most auctions .

For Nebraska compared to the last report alfalfa hay sold fully steady to stronger .

For Iowa , premium to good quality hay sold steady. Lower quality hay was abundant with light demand.

In South Dakota , there is a good demand for premium quality hay for dairy rations, with limited demand for lessor quality hay. Overall lower feed ingredient prices are causing buyers to balk at paying higher prices for hay.

For Missouri, winter weather is pounding the southern third of the st ate, which has increased interest in hay, but with mild weather in the forecast demand is still light. The concern with warming temperatures is mud conditions in feed lots .

In Southwest Minnesota, limited offerings of hay this week, prices were ste ady. For Illinois, demand was moderate for moderate hay offerings with steady prices. Lower quality hay price was weaker . Winter hay supply is good, but quality hay is limited.

In Wisconsin , hay prices were weaker for all hay types with active markets .

Midwest straw price was stronger for square bale packaged straw; while large round bale packaged st r a w market was weaker . Small square bales averaged $ 3 . 00 per bale (range of $1.00 to $6.00); large square bales averaged $ 33 . 5 0 per bale (range of $ 31 .00 to $ 60 .00); and large round bales av eraged $ 34 . 8 0 per bale (range of $ 2 3 .00 to $47 .00). Overall demand is moderate, but quality wheat straw has a good demand and price.

Source:uwex.edu

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