Sale Reports
Hay Auction Market Report 7/17/19
Dyersville Sales Co. “Making Hay Great Again”
TRI-STATES LARGEST HAY AUCTION HELD EVERY WEDNESDAY @11:04AM
ATTENTION WESTERN HAY CUSTOMERS FINALLY IT’S OPEN HWY 20 IS NOW 4 LANES ACROSS THE ENTIRE STATE Sioux City to Dyersville is now only 4.25 hrs
Receipts 805 tons were sold, The market was weak to $10/ ton lower Top was $250/ ton on many loads of big squares, rounds topped at $200 on 2nd crop alfalfa straw was weaker selling from $29 for poor quality stored outside old crop to $55/ bale3x3 bale for new crop wheat straw.
***************************** policy update************************
Despite the severe shortage of hay Dyersville Sales Co. will NOT be accepting any product baled from along side Iowa’s roads ways and ditches due to the high content of foreign material. All loads will be rejected and will not be allowed on the lot. We will have another options for those of you who bale this product call Dale for info.
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Also has most of you know Randy has been dealing with stress fracture in his foot for sometime and will be taking a reduced roll the next few months so he can heal up. Dale who has been running the auction with Randy the past 20 years will be running the day to day operations until Randy is back on both of his feet. So please direct your calls to me and I will be more than happy to answer any of your questions @ 563 581 5119
***** All hay stored under a roof must be removed by the following Friday at 12 noon or it will be moved outside to make room for this weeks hay ************************************************************************
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For what it is worth
Demand remains very strong for alfalfa hay , grass and oat hay were lower today but with little to no rain the pastures are hurting and it won’t be long till they are shot.
The $64000 question is where are hay prices headed? The market has been very strong considering we are not in a drought , Alfalfa hay continues to be king right now while grass, oat hay and grinding hay follow behind. Supplies are not huge but rather than average to below with more grass in the hay this year than normal probably because stands that were kept where damaged last year from the excessive rainfall. ,Demand is the wild card nobody seems to know will the dairy and cattlemen continue to stay in the game or will they sell out cash out there grains rather than feed livestock. Odds are we will lose some but how many will be determined by fall prices of hay, corn and cattle.
The one big wild card that is unknown is the preventive plant acres (PP) what will they do with them and will those PP acres get baled and sold? The government says you can not sell the forage that comes off those acres , The one big problem is how do they enforce it? CRP is not suppose to be sold and we report the price every week it shows up for the last 20 years and not once has the hay police shown up to investigate. that stuff will get baled and it will find it’s way into the market place one way or another most of it will be nothing more than stock cow or grinding hay .Farmers that do feed it may have extra legal type hay to sell which could increase supplies. Bottom line is these are not bad prices we have now and if you sell some now and it’s the lowest price you get all year you will be having an excellent year, The price of hay right now is like $6 corn could it go to $7 or $8 or could it go to $3 ?
DYERSVILLE SALES CO. WE’RE ” MAKING HAY GREAT AGAIN”