Prices remain steady, and demand is slow to steady compared to the last report. The movement on the report is preparation for a dry spring and summer. The first alfalfa cutting is close to being cut and bailed for the beginning of the new hay season. Most of Oklahoma remains highly available on hay supply, there are still a lot of holdo-vers and barns full of hay. Fortunately, Oklahoma did receive much-needed rains across the state, lessening the drought. Looking into the 10-day forecast, we should receive more moisture in Oklahoma, too.
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, 13.60 percent is in severe drought, 39.93 percent is moderate, 53.11 percent is abnormally dry conditions, and 46.89 percent has no drought conditions.
* The next report release will be on April 25*
