Compared to the last report, We have had several storms across OkLahoma, which have slowed down some hay trade as well as hay baling. The wheat hay movement has picked up, but it is not enough to say the demand is high. 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. The wheat harvest has started in parts of Oklahoma. The rest of Oklahoma’s wheat harvest will begin in the coming weeks, which might slow down more trade.
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, 11.37 percent in moderate, 29.60 percent in abnormally dry conditions, and 70.40 percent that has no drought conditions.
