But because of low milk prices and tariffs on alfalfa hay going to China, hay trading and movement were altered.”. Must be 18 years old or older. The last two years saw a shift in the tight supply/demand situation of the preceding years, when supplies of high-quality alfalfa were tight, driving prices higher in states like Wisconsin. Hay for feed, namely alfalfa, is priced in a range based on its relative feed value (RFV), which is typically around $1 to $1.15 per RFV point. The combination of these factors — domestic hay supplies, trade tariffs and the state of the dairy industry — make it difficult to gauge exactly where the hay market will move through 2019. In general, hay prices ranged widely in the first months of 2019, as they typically do across different hay types and quality ratings. The average price of U.S. alfalfa hay declined by only $2 per ton in August compared to the previous month. Daily Wholesale to Retail Market Prices: Select daily market commodity price for one, many, or all current market commodities for either the Toronto or Montreal daily markets. How much are you paying for hay and straw? And, alfalfa is facing multiple factors influencing prices in 2019. *No purchase necessary. The harvest of local forage crops, concerns over prices, and trade relationships have been factors. Also, because of lower alfalfa hay production in 2018 these supplies of hay on farms may not translate into a burdensome carryover,” Hoyt said. Before sharing sensitive information online, make sure you’re on a .gov or .mil site by inspecting your browser’s address (or “location”) bar. Though alfalfa market prices, like other sectors of the forage market, are largely established by local supply and demand, there are macro-level global and domestic factors for producers to watch to get a feel for the general tenor of the alfalfa market through 2019, according to Seth Hoyt, hay market expert and publisher of the Hoyt Report. “It seems that during 2018 higher hay prices, resulting from reduced stocks, could open the door for hamper some of these feed cost savings that lower-priced corn to be used as a feed cost saving measure brought to for livestock producers in the recent past. On the opposite end of the spectrum, hay like wheat straw, sudangrass and wheat straw typically sold for around $55 to $75 per ton in the early part of 2019. All-in-all, USDA projected major declines in domestic hay production in 2018 (36 percent overall), especially in areas where low-cost corn continues to compete as a beef and dairy feed source. Daily wholesale prices for Montreal and Toronto will be published year-round and will not be delayed longer than four business days from reference date to published date. “It is years like this that made me stop trying to predict where hay prices will go in the future,” said Hoyt, a longtime alfalfa market expert based in Twin Falls, Idaho. “If the commitment of the U.S. government to allow year-round sales (including the summer) of 15 percent ethanol blends (E15) is confirmed, then feed coproduct prices may become increasingly attractive,” Garcia said. Monday to Friday price are provided, and up to 2 weeks data can be displayed on each report.

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