Hay Prices Increase Slightly in the Midwest, Quality Price Gap Widens

January 12, 2016 11:31 AM
 
Hay

Hay prices increased this week in the Midwest by $20 according to Team Forages, an extension division of the University of Wisconsin at Madison. The price spread between the highest quality hay and lowest quality also increased with high quality alfalfa hay baled in large bales coming in at $175 per metric ton and low quality hay baled in large bales bringing per ton. The highest priced hay in the Team Forage Hay Report was high quality alfalfa with a relative feed value greater than 151 baled in small bales which sold for an average of $282 per ton this week due to limited demand.

A notable factor affecting the hay market this week is the lack of dairy hay movement due to low milk prices and current holdings by producers.

Straw prices remain steady as much of the country experiences rain and snow.

The average price for a small square bale of straw was $4. Large bale prices decreased slightly to $30, and large round bale prices were $31 per ton last week, according to the report.  

The Team Forage Hay Report is created with information compiled from private and public hay sales.

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