Compared to the last report: Not much has changed over the past two weeks. The hay trade is still slow. The trades that are being made arefrom long-time clients. Oklahoma has a larger hay inventory thanusual. The larger hay inventory has caused the market to be a buyer’smarket.
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, 1.16 percent in an extreme drought, 13.68 percent in severe drought, 36.34 percent in moderate, 55.65 percent in abnormally dry conditions, 44.35 percent that has no drought conditions.
* The next report release will be on December 8th*
