The hay trade is at a standstill to slow demand. Due to an excessive supply of hay from 2023, the 2024 hay continues to be baled, along with cattle continuing to be sold.
Trends:
Alfalfa Large squares $175-$200 a ton – New Crop
Alfalfa Rounds – No Trend
Grinding hay – No Trend
Bermuda 5×6 rounds – $70-$90 a bale – New Crop
Bermuda 5×6 rounds – $50-$55 a bale – Year Old Hay
Bermuda Large Squares – No Trend
Wheat Hay 5×6 Round/Large Squares – $80-$100 a Ton – New Crop Grass Hay 4×5-4×6 – $45-$55 a bale – New Crop
Grass Hay 5×6 – No Trend Rough
Grass Hay any size $30-$40 a bale – Year Old Hay
The Oklahoma Mesonet Drought Monitor shows we are at 0 percent in exceptional drought, 0 percent in an extreme drought, 3.78 percent in severe drought, 22 percent in moderate, 69.21 percent in abnor-mally dry conditions, and 30.79 percent that has no drought condi-tions.
* The next report release will be on August 16*
