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USDA Montana Hay                                   05/27 11:45
AMS_2769
 
Montana Direct Hay Report

                               Released on May 27, 2022
 
Direct Hay Weighted Average Report for week ending 05/27/2022
 
                                      VOLUME
                    This Week         Last Reported         Last Year
                                       (05/16/2022)
Tons:
      Hay           65                  296                 69                  
----------------------------------------------------------------------
      Total         65                  296                 69                  
======================================================================

Special Note:
***Due to very light sales receipts this report will be released bi-monthly 
until early August when heavier receipts can be confirmed .
Next release date will be Friday June 10th, 2022 ***.
 
Compared to last week: Hay sold fully steady.
Demand for hay was moderate to good this week.
Hay sales were very light this week as ranchers continue to buy on an 
as need basis.
Rain is forecasted for much of eastern and central Montana over the weekend 
and early next week, however many report very dry conditions continue 
especially along the eastern rocky mountain front.
Some ranchers who have the ability are turning out cows early in order 
to stop feeding high priced hay.
However, many who run cows on CRP and Forest service land cant turn out 
until June 15 or so.
Cooler than normal temperatures continue to slow the growth of first cutting.
Traditionally hay is starting to be cut around the last week of May or 
the First of June, but this year hay is behind schedule as most say 
first cutting wont start until around the 10th of June at the earliest.
Discussions of new crop contracts continue to occur and many have hay 
priced in the $240-250/ton range in the stack but no confirmed takers 
have been found thus far.
According to the drought monitor 82.77% of the state is in Moderate drought 
or worse, down 0.27% from last week; 60.26 % of the state is in 
an Severe drought or worse, 0.80% decrease from last week; 16.80% of 
the state is in extreme drought or worse, down 2.30% from last week; 0% 
of the state is in an exceptional drought, unchanged from last week.

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                                   N/A
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Hay Conventional
--------------------------------------------------------------------------------
Alfalfa Good/Premium Per Ton
                        Qty   Price Range Wtd    Freight/   Description Crop Age
                                          Avg    Use
                        ---   ----------- ---    ---------- ----------- --------
 Large Square 3x4       65        300.0   300    F.O.B.

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