Downward Shift for U.S. Hay Prices


Ag economist Matt Diersen, SDSU, speculates that supplies may be returning to normal levels.

The following is portion of an article from Hay & Forage Grower:

by Jeff Holmquist

The U.S. average alfalfa price fell by $6/ton to $216/ton and the average all-hay price dropped $5/ton to $192/ton from June to July, according to USDA’s Agricultural Prices report.

Hay prices usually hit seasonal lows this time of year, reminds Matt Diersen, ag economist with South Dakota State University. But the July 31 report shows most regions could be returning to their historic price differentials for hay, he says.

“Maybe the supply side is returning a little bit back to normal. The Northern Plains have some of the lowest prices in the country right now because they’re normally more of a hay surplus area. In Nevada, New Mexico and Washington … it’s not unusual for them to have relatively high prices.”

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Source:  Hay & Forage Grower

Posted by Haylie Shipp


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