September 3, 2020

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“If alfalfa hay prices, except retail, are going to hold where they are or get better I believe two things have to happen: milk prices must increase to levels where dairies are making a profit and tariffs are lifted on alfalfa hay shipments to China.”, “Won’t be long until many cattlemen will start to calve and feed resources will begin to get used,” according to a recent USDA Agricultural Marketing Service hay market summary report. *No purchase necessary. Currently stacked in rows and ready to load. First, the corn market: lower prices have made corn grain, stover and silage an attractive feed option. Though there remains a lot of bearishness for alfalfa, there’s a premium on this trio of factors moving forward in terms of how the market will react. Monthly Summary of 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. Especially in the Midwest — where corn and soybeans will continue to jockey for acres, some of which potentially come from forage production if market prices eventually rebound — another macro-level outside market factor that could influence hay prices lies in the renewable fuels sector, according to Garcia. “Farms that rely heavily on hay for either growing heifers or lactating cows, may want to lock prices. Feedback over the last few weeks from export contacts has been that sales overseas have slowed. Must be 18 years old or older. Limit one per customer. Makin’ Hay is produced by Vermeer Corporation. 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. Provides daily ranges of domestic and imported commodities offered for sale. Monday to Friday price are provided, and up to 2 weeks data can be displayed on each report. Annual Summary of 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. “So after losing dairy demand because of low milk prices, now export demand tapered off. The latest USDA Agricultural Prices … For example, some lower-quality hay classes typically used by cattle producers during calving see higher prices during the winter months, according to a recent USDA-AMS hay market report for the state of Nebraska. The dairy market may have found its bottom and its ability to begin trending higher will help stoke domestic alfalfa demand, and though it’s not the only variable in play, that action has the hay market’s attention heading into 2019. “There are some areas where there seems to be more hay in farmer hands than a year ago but it is hard to call a bigger carryover when this hay would normally be sitting on dairies if the dairies had money to buy hay. Watch local corn supply levels for any direction in the alfalfa market. Producers in some areas played a major game of catch-up in 2018, Hoyt said, and coupled with the continued drawdown in dairy numbers, there is some hay carryover from last year that could influence prices heading into this spring. Hay and straw prices. The report displays the monthly high and low price for the commodities and market selected for the 12 months including and preceding the month selected. Watch your local market influences – carryover and lower prices feed options but like Hoyt points out, keep an eye on national storylines of the lingering trade disputes and dairy sector’s health for guidance on specific hay marketing opportunities in your area. But because of low milk prices and tariffs on alfalfa hay going to China, hay trading and movement were altered.”. Expected declines in production fundamentally mean higher prices. 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Alfalfa-Growing regions, Hoyt said silage an attractive feed option or.mil domain one, many or. Hay price decline that occurs in summer kicked into gear during July, least. Seek buyers in new geographies corn supply levels for any direction in the alfalfa market across the nation, in...

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