USDA Montana Hay 05/03 13:25
AMS_2769
Montana Direct Hay Report
Released on May 03, 2024
Direct Hay Weighted Average Report for week ending 05/03/2024
VOLUME
This Week Last Reported Last Year
(04/22/2024)
Tons:
Hay 475 3320
----------------------------------------------------------------------
Total 475 3320
======================================================================
Compared to last week: Hay sold generally steady.
Several loads of hay continue to sell into Canada.
Although the US dollar remains strong, many buyers are being forced to
look for hay in the states as winter kill has limited spring grazing
for some Canadian ranchers.
Buying has been very active in northern Montana and in some locations
in central Montana.
Many locations remain dry and mountain snowpack is well below average,
however a system is expected to bring more valley rain and mountain
snow over the next week.
Some rain fell across the state this past week but many producers reported
only light precipitation.
Supplies of hay remain heavy which is keeping hay prices near steady.
Some producers 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, up 3.65% 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.
--------------------------------------------------------------------------------
N/A
--------------------------------------------------------------------------------
Hay Conventional
--------------------------------------------------------------------------------
Alfalfa Fair Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Large Square 3x4 375 125.0 125 F.O.B.
Timothy Grass Fair Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Small Square 25 270.0 270 F.O.B.
Timothy Grass Premium Per Ton
Qty Price Range Wtd Freight/ Description Crop Age
Avg Use
--- ----------- --- ---------- ----------- --------
Small Square 75 270.0 270 F.O.B.
Get your local Cash Bids emailed to you each morning from DTN – click here to sign up for DTN Snapshot.