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University of Wisconsin-Extension

Hay Market Demand and Price Report for the Upper Midwest -for May 9, 2023

Written by Richard Halopka Posted on May 8, 2023May 8, 2023
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Data Compiled by Richard Halopka Senior Outreach Specialist, UW-Madison Division of Extension Clark County Crops & Soils Educator

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

The delayed spring has influenced hay market this week. With delayed planning in Wisconsin and some other areas, cattle turn out is delayed as grass is hard to find. Related to the cool spring and dry weather in other areas. Market prices were strong this week. 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

$300.00

$400.00

 

Large Square

$269.00

$180.00

$415.00

 

Large Round

$260.00

$182.00

$300.00

Grade 1 (125 to 150 RFV/RFQ)

Small Square

$252.00

$170.00

$288.00

 

Large Square

$201.00

$150.00

$285.00

 

Large Round

$186.00

$110.00

$275.00

Grade 2 (103 to 124 RFV/RFQ)

Small Square

            No Reported Sales

 

Large Square

$181.00

$125.00

$250.00

 

Large Round

$154.00

$100.00

$210.00

Grade 3 (87 to 102 RFV/RFQ)

Small Square

            No Reported Sales

 

Large Square

$180.00     $180.00          $180.00

 

Large Round

$150.00

$95.00

$180.00

Straw prices are for oat, barley, or wheat straw. Straw prices are steady. Small square bales averaged $4.70 a bale (range of $2.50 to $7.00). Large square bale straw averaged $49.00 per bale (a range of $30.00 to $65.00). Large round bale straw averaged $39.00 per bale (range of $30.00 – $50.00). There is a limited supply at auctions.

In Nebraska, strong hay market in the state. Demand is very good. Delayed turn out of cattle has many cattlemen looking for some forage.     

In South Dakota, all classes of hay prices remain steady. Good demand with limited supply.

In Missouri, supply is light, demand is light, and prices are steady. There are drought concerns in the state. Some hay has been harvested already this season.

In Kansas, prices are steady with good demand. Trade activity is slow. With rainfall this past week some are feeling better, but many areas of state still have drought concerns.  

 In Wisconsin, prices for hay are steady with a good overall supply of hay n the state. While areas to west are dry and short of forage, not much talk of hay moving west.

The next Hay Market Demand and Price Report for the Upper Midwest will be posted by Tuesday, May 23, 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.

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Categorized: Hay Market Report

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