Missouri Weekly Hay Summary Week ending 07/20/12

Friday, July 20, 2012

The forecasts for Missouri continue to bring bad news as a dome of pressure
keeps temperatures high and chances for rain low. Even locally spotty showers
are being met with a bit of a "too little too late" attitude as crops wither,
pastures yellow and even mature trees are dropping leaves. High temperature
records aren't the only ones being broken this week as Missouri also posted
record cash bids on corn, at 8.34, and soybeans, at 17.44. Producers in all
areas of the state are beginning to look at herd reduction to weather the 
hard times of present and the unknown around the corner. Hay prices are firm
and are leaving some wondering where the price ceiling is for grass hay. 
Demand is very good. Supplies available for purchase are very light.     
Missouri Department of Agriculture has a hay directory available for both 
buyers and sellers. To be listed,or for a directory, visit http://mda.mo.gov/
abd/haydirectory/ or for current listings of hay http://agebb.missouri.edu/
haylst/ (All prices f.o.b.and per ton unless specified and on most recent 
reported sales prices listed as round bales based generally on 5x6 bales with 
weights of approximately 1200-1500 lbs)

Premium Alfalfa (RFV 170-185) 175.00-275.00
Fair to Good quality Alfalfa (RFV 130-170) 160.00-225.00 
Good quality mixed Alfalfa and grass 125.00-200.00
Good quality Mixed Grass hay 100.00-190.00
Fair to Good quality Mixed Grass hay 70.00-125.00
Fair quality Mixed Grass hay 45.00-95.00 per large round bale 

Good quality Bromegrass 150.00-225.00
Fair quality Bromegrass 125.00-160.00

Wheat straw 2.00-6.00 per small square bale

Corn Stalks 60.00-85.00 per ton 

Source: MO Dept of Ag-USDA Market News Service, Jefferson City, MO
        Sarah Wilkinson, Market Reporter, 573-751-5618
        24 Hour Recorded Report 1-573-522-9244