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Agriculture Today

Hay & Forage report for March 1


Hay & Forage report for March 1


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March 6, 2013
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Friday, March 1

Compared to last week: Hay prices mostly steady. Trade activity was slow on light to moderate demand. The blizzard that blew across the Panhandle curbed hay movement but brought in much needed moisture as the 12-19 inches of snow begins to melt. North Central and East Texas continued to receive spots of rain showers. West Texas producers reported that they will start cutting new crop hay in about two weeks; however, this area and south Texas remain very dry. Buyers and sellers continue to have a difficult time matching prices leaving many producers holding on to what hay they have left in the barns. High priced feed ration costs, lower trending cattle markets, and dairies continuing to be cautious have buyers bidding lower while high production costs have hay producers reluctant to lower price levels. Prices for hay and pellets quoted per ton except where noted. . . .

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