Compared to the last report, Hay is slow to steady—minimal movement across Oklahoma. Compared to last year’s inventory and this year’s, we are the complete opposite. Most producers have more than enough hay, which leads to a buyer’s market. Some are holding off on selling hay due to the uncertainty of what winter may bring.
Trends:
Alfalfa Large squares $180-$200 a ton
Alfalfa Rounds – No Trend
Grinding hay – No Trend
Bermuda 5×6 rounds – $70-$100 a bale
Bermuda Large Squares – No Trend
Grass Hay 4×5-4×6 – $60-$70 a bale
Grass Hay 5×6 – $70-$80 a bale
The Oklahoma Mesonet Drought Monitor shows we are at 0 percent in exceptional drought, 8.48 percent in an extreme drought, 29.44 percent in severe drought, 43.11 percent in moderate, 63.32 percent in abnormally dry conditions, 36.68 percent that has no drought conditions.
