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Hay Market Report for the Upper Midwest for November 26th, 2024

By Becky Brathal

About the Hay Market Report: 

All data have been compiled by Jason Cavadini, Grazing Outreach Specialist, UW-Madison Division of Extension and Becky Brathal, Regional Crops/Soils Educator. Prices are reported for alfalfa hay and grass hay. Alfalfa hay may include alfalfa/grass mix.  

All values are compiled from public and private quality tested sales through Wisconsin and the Midwest and reported on the first and third weeks of each month. All prices are reported on an as-fed basis, and not on a dry matter basis.  

Previous hay reports are archived here. There will not be a Hay Report for August 6th, 2024 or November 12th, 2024.

Note about the values: 

Where the table is blank, no sales were reported. In some cases, only sale averages were reported and min/max values were not included. All values in the table represent the average of all values reported; i.e., “maximum” is the average of all maximum values reported, “minimum” is the average of all minimum values reported, and “average” is the average of all average values reported. So, the “average” in the table is often not the mathematical average of the range in the table.

Crops
Source : wisc.edu

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.