The hay trade is at a standstill due to slow demand. Due to an excessive supply of hay from 2023, new crop hay continues to be baled and rain showers continue to cover the state during the summer.
Trends:
Alfalfa Large squares $175-$200 a ton – New Crop
Alfalfa Rounds – No Trend
Grinding hay – No Trend
Bermuda 5×6 rounds – $70-$90 a bale – New Crop
Bermuda 5×6 rounds – $50-$55 a bale – Year Old Hay
Bermuda Large Squares – No Trend
Wheat Hay 5×6 Round/Large Squares – $80-$100 a Ton – New Crop Grass Hay 4×5-4×6 – $45-$55 a bale – New Crop
Grass Hay 5×6 – No Trend 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, 3.78 percent in severe drought, 17.79 percent in moderate, 59.90 percent in abnormally dry conditions, and 40.10 percent that has no drought condition.
