Hay Demand at a Standstill

Everything is unchanged compared to the last report. The prices re-main steady, and demand is at a standstill. Rain continuously covers Oklahoma, preventing hay producers from moving hay and, at times, stopping the alfalfa crop from being harvested. We still don’t see an end in sight for cattle sales. The continued preparation for the new crop of grass hay is underway as well. The availability of grass hay is still high when it comes to supply across Oklahoma.

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 that 0 percent of the state is in exceptional drought, 0 percent is in extreme drought, 2.99 percent is in severe drought, 11.94 percent is moderate, 15.52 percent is abnormally dry conditions, and 84.48 percent has no drought conditions.
*** The next report release will be on June 6th ***

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