Missouri Weekly Hay Summary Week ending 07/27/12

Thursday, July 26, 2012

The shades of red on the drought monitor for Missouri continue to deepen
and the darker they go the longer the recovery may take. Many producers
are seeing hay yields of 1/2 to 1/3 of the expected tons per acre. While
some hay was carried over from the 2011 hay harvest, a deficiency of supply
was the first factor in the supply/demand shift. The same factors leaving 
hay fields short, plagued livestock producers as they watched their pastures
wither and burn, and shifting demand into high gear. So, with half as much
hay to sell and twice as many people needing it, hay prices have continued
to climb, and the top of the market may not have been reached yet. Demand 
is very good, supply is light, prices are firm. Resources and information 
about the drought can be found at http://mda.mo.gov/drought/ 
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 

CRP Hay 60.00-80.00 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