Hay Auction Results

Dyersville Sales Co.
Hay Auction Market Report 8/24/16

TRI-STATES LARGEST HAY AUCTION HELD EVERY WEDNESDAY @11:04AM

 Receipts 603 tons.  The market was mixed better non dairy hay was weak to $10/ ton lower while the extremely poor quality hay was firm to $20/ ton higher, Top today was on the best load of hay we have seen all year . A semiload 4th crop from Nebraska 209 rfv 24.5% protein 11.63% moisture sold for $225/ ton.

Price outlook =for the next several weeks I will be giving my best guesses on what to expect coming down the road, This week grinding / stock cow  hay.  The best way to describe it is from that line  from the Apollo 13 movie ” Houston we have a problem” The supplies are at all time record levels while the cattle are no where to be found, Many years ago when we had $8 corn farmers plowed up there pastures to chase the corn market now that rough ground is all eligible for government program payments and has been lost for ever meaning the stock cow herd can never expand so demand is based on pasture conditions and pastures have never looked better very little supplement feeding has gone on hurting demand prices look to be flat until winter shows up then prices will move up but it hasn’t snowed enough in the past two winters to drive the cattle out of the cornstalks so any meaningful rally will have to come from winter weather, the same can be said true for the grinding hay market record supplies with a little better demand, With cheap corn around people should be looking at feeding more cattle to use up there corn and needing grinding hay to mix into the ration. On the supply side I will borrow some words from Donald Trump = “It’s Huuuuuuge and bigly”  Next week the outlook for CRP hay and should you bale it?.

 

 

Hay – Large Square Hay – large Round Hay – Small Square
Supreme Supreme Supreme
 $225/ ton
Premium Premium Premium
$//ton  $/ ton
Good Good  Good
 60-120/ton 55-80 ton  $/ bale
Fair Fair Fair
45-65 40-55  $ bale
Utility Utility Utility
 30-50  32.50-45  $/ bale
New Seeding – Large Square New Seeding – Large Round New Seeding – Small Square
Good Good Good
$ / ton  $/ton
Fair Fair Fair
 $
Oat Hay – Large Square Oat Hay – Large Round Oat Hay – Small Square
Good Good Good
 $/ ton  $50 ton
Fair Fair (poor) Fair
 $/bale
Prairie Grass – Large Square Prairie Grass – Large Round Prairie Grass – Small Square
Good Good  $ Good
Fair Fair $ ton Fair
Straw – Large Square Straw – Large Round Straw – Small Square
Good Good Good
 3×3 $19-23/ bale old crop stored outside NC up to $30  $/ bale $ bale
 3×4 $ new crop 37.50-64/ bale

 

Fair $/ bale Fair
$ / bale  $
Corn Stalks – Large Square Corn Stalks – Large Round Corn Stalks – Small Square
Good Good Good
  / bale $ /bale
Fair Fair Fair
)  $/ bale  $/ bale
CRP – Large Square CRP – Large Round CRP – Small Square
Good Good Good
 $  $
Fair Fair / poor$ Fair
$
Mixed – Large Square Mixed – Large Round Mixed – Small Square
Good Good Good
$
Fair Fair Fair
Grass – Large Square Grass – Large Round Grass – Small Square
Good Good Good $
Fair Fair Fair
Bean Stubble –
large square
Bean Stubble –
large round
Bean Stubble –
large round

$