Hay & Forage report for March 8
Friday, March 8
Compared to last week: Hay prices mostly steady to weak. Trade activity continues slow on light to moderate demand. Feedlots and dairies are trying to purchase hay at steady to lower levels in face of high ration costs coupled with current fed cattle and milk prices while hay producers are reluctant to trade at lower levels with higher fuel and other operating and maintenance costs. The Panhandle, High Plains, and parts of Northwest Texas received moisture in the form of snow or rain last week and this should help replenish some soil moisture. The poor wheat and other winter pasture conditions are beginning to improve somewhat. The remainder of the state remained dry and with the recent windy conditions soils are drying-out. Drought conditions continued and supplemental feeding was needed for livestock. The exception is North and East Texas which had received rainfall last month and pasture conditions and winter forages were mostly adequate with supplemental feeding only limited and hay supplies abundant. Prices for hay and pellets quoted per ton except where noted. . . .
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