Hay Auction Commentary

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Hay Auction Market Report 12/12/18

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 812 tons were sold, The market was WEAK TO $15/ TON LOWER Top $290/ ton on 3rd crop 210 RFV  big squares with  bulk of the large square sold from $$175-245// ton .Round bales topped at $205/ ton and the bulk of the round bales were $140-180/ ton, Oat hay in round bales fetched $145/ ton , Straw and stalks were steady .

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 19 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 Monday 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

The market was  good today demand for good quality dry hay stored inside remains very strong, Demand for cornstalks also remains very strong, Basically if you have something in a bale its selling very well.

Snowmobiling and hay prices…………..

Winter weather forecast= With the official start of Winter just around the corner it’s time for my guess , It will be the 6th open Winter in a row, Has a snowmobiler since the snowmobile was invented back in 1960’s the weather pattern has gone in 6 years cycles, 6 mild followed by 6 brutal. The last 5 years we have had the fewest number of days to snowmobile (20 total) since the snowmobile was invented and this year with el nino in place it looks like another open winter but if history hold true it will be the last for years to come, in 2011/2012 the snowmobile trails were open 87 days in a row and we had snow on the ground 102 days in a row.

If my guess is right hay prices will be tough to move a lot higher despite the small supply mild winters tends to be very easy for feeding and the late corn harvest and lack of snow has kept the cows in the stalks grazing away stretching the feed supply.

The big indicator will be in January in the past 20 years hay has only gone up twice. Both times hay hit all time records highs later that spring . December has seen hay prices peaked 14 times in the last 20 years, So far the high water mark was $310/ ton in late November. the one big difference this year is runs were very small this fall and buyers could not load up like normal. Time will tell.

 

*****************  Good News the FSA is NO longer making farmers report there 2019 intended hay acres in December ….. One less thing to deal with.

DYERSVILLE SALES CO. WE’RE ” MAKING HAY GREAT AGAIN”