|
USDA Montana Hay 05/10 12:50
AMS_2769
Montana Direct Hay Report
Released on May 10, 2024
Direct Hay Weighted Average Report for week ending 05/10/2024
VOLUME
This Week Last Reported Last Year
(04/29/2024)
Tons:
Hay 8205 475 162
Straw 40 100
----------------------------------------------------------------------
Total 8245 475 262
======================================================================
Compared to last week: Hay sold generally steady to weak.
Rain was seen across the state this past week as many Eastern and Central
locations picked up 1-3 inches with some picking up more and others
less.
This recent rain had many sellers looking to sell as the worry of drought
has lightened some.
Some producers moved large quantities of hay this past week, however
many buyers are not taking delivery until summer or even early fall.
Hay selling into Canada continued this week, however it was lighter as
rain has muddied stack yards making it difficult to load.
Buying was very active across the state.
Supplies of hay remain heavy but a limited number of producers are starting
to sell out of hay.
Many are content to carry hay over into the next crop year and hope demand
continues to improve.
The best demand for feeder quality (utility and fair) hay remains around
$130.00-150.00/ton delivered.
Demand for straw is light as heavy straw supplies continue to be seen
especially in the northern portion of the state.
According to the drought monitor 43.37% of the state is in Moderate drought
or worse, unchanged from last week.
12.69% of the state is in an Severe drought or worse, unchanged from last week.
1.47% of the state is in Extreme drought or worse, also unchanged from
last week.
According the the commentary in the Western drought summary, "The heavy
rains in eastern Montana ended a recent stretch of dry weather there,
preventing any degradation to ongoing drought.
The effects of these rains across the eastern plains will be evaluated
further next week." The drought monitor runs its data on Tuesday so
much of the rain that fell over this past week will be taken into account
for next weeks update.
--------------------------------------------------------------------------------
N/A
--------------------------------------------------------------------------------
Hay Conventional
--------------------------------------------------------------------------------
Alfalfa Fair Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 3x4 175 125.0 125 F.O.B.
Large Square 3x4 450 130.0 130 F.O.B. Export
Alfalfa Fair/Good Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Round 500 125.0 125 F.O.B.
Large Square 3x4 1200 130.0 130 F.O.B.
Alfalfa Good/Premium Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 3x4 205 150.0 150 F.O.B.
Alfalfa Premium Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Small Square 20 300.0 300 F.O.B.
Alfalfa Utility Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 3x4 300 105.0 105 F.O.B.
Alfalfa Utility/Fair Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 3x4 5100 105.0-120.0 106.27 F.O.B.
Alfalfa/Grass Mix Fair Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Small Square 10 200.0 200 F.O.B.
Alfalfa/Grass Mix Premium Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Small Square 20 300.0 300 F.O.B.
Alfalfa/Grass Mix Utility Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Medium Square 3x3 75 100.0 100 F.O.B.
Timothy Grass Fair/Good Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Medium Square 3x3 150 180.0 180 F.O.B.
--------------------------------------------------------------------------------
Straw Conventional
--------------------------------------------------------------------------------
Wheat Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 40 40.0 40 F.O.B.
No other Daily email offers as much useful Ag information as DTN Snapshot – Sign up Free today!
|
|