Compared to the last report: The drought continues to grow and needs timely rain across Oklahoma. We are reaching the point where the grass has stopped growing, and we are beginning to count our hay bales to prepare for fall and winter. Even with the drought, the hay trade is at a standstill. Oklahoma continues to see hay prices drop again this week.
Trends: Alfalfa Large rounds & squares $130-$150 a ton – 2024 Grinding hay – No Trend
Bermuda 5×6 rounds – $70-$90 a bale – 2024
Bermuda 5×6 rounds – $50-$55 a bale – Year Old Hay
Bermuda Large Squares – No Trend
Wheat Hay 5×6 Round and Large Squares – $80-$90 a Ton – 2024 Grass Hay 4×5-4×6 – $45-$55 a bale – 2024
Grass Hay 4×5-4×6 Unfertilized hay – $25-$35 – 2024
Grass Hay 5×6 – No Trend Rough Grass
Hay any size $25 a bale – Year Old Hay
The Oklahoma Mesonet Drought Monitor shows we are at 0 percent in exceptional drought, 6.82 percent in an extreme drought, 33.22 percent in severe drought, 56.51 percent in moderate, 74.25 percent in abnormally dry conditions, and 25.75 percent that has no drought conditions.
*** The next report release will be on October 11th ***
