Hay Demand and Trade Still Remain Low

Compared to the last report: The demand and trade remain low. We have had several storms across Oklahoma which have slowed down some hay trade as well as hay baling. Old-crop hay continues to move lower in price as we enter the new hay season. We still have barns full of old-crop hay that are trying to be sold and emptied for new-crop hay.

Trends: Alfalfa Large squares $175-$200 a ton – New Crop
Alfalfa Rounds – No Trend
Grinding hay – No Trend
Bermuda 5×6 rounds – $60-$75 a bale – Year Old Hay
Bermuda Large Squares – No Trend
Wheat Hay 5×6 Round – $75-$100 a Ton – New Crop
Wheat Hay Large Squares – $75-$100 a Ton – New Crop
Grass Hay 4×5-4×6 – $50-$60 a bale – Year Old Hay
Grass Hay 5×6 – $60-$70 a bale – Year Old Hay
Rough Grass Hay any size $30-$40 a bale – Year Old Hay

The Oklahoma Mesonet Drought Monitor shows we are at 0 percent in exceptional drought, 0 percent in an extreme drought, 5.91 percent in severe drought, 20.41 percent in moderate, 48.38 percent in abnormally dry conditions, and 51.62 percent that has no drought conditions.

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