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USDA - AMS: Colorado Weekly Hay Report (Thu) (2020-06-25)

USDA U.S. Department of Agriculture - June 25, 2020

GL_GR310    
Greeley, CO    Thu Jun 25, 2020    USDA-CO Dept of Ag Market News

Colorado Hay Report

   Compared to last week, trade activity and demand light to moderate.  
Northeast Colorado growers and buyers finding a bottom to the price point 
of dairy and feedlot hay as some growers are holding out for better 
offers.  Southeast Colorado cattleman committed to keeping core herds 
have been buying supplemental forage recently to get them through the 
summer months as pasture and range conditions continue to deteriorate.  
In the San Luis Valley, trade inactive on dairy quality alfalfa as 
producers and buyers are still working to agree on pricing.  Horse 
quality grass hay prices firm on light trade activity.  Producers in 
southwest Colorado are wrapping up 1st cutting grass and alfalfa hay 
while battling dry, windy conditions.  Yields for 1st cutting alfalfa are 
lower than expected due to late freeze, firming up dairy hay market 
prices for growers.    In the Mountains and Northwest Colorado regions, 
hay producers are holding out for better market conditions on carry-over 
horse quality hay.  According to the U.S Drought Monitorís High Plains 
Summary released June 23, 2020; similar to the Southern and Central 
Plains, many areas in the High Plains Region have fallen victim to above-
normal temperatures, high winds, and a lack of precipitation in recent 
weeks.  Soil moisture also continues to suffer across western North 
Dakota, much of Wyoming, and all of Colorado (CPC showing soil moisture 
below the 5th percentile for much of Colorado).  Colorado has reported 
several episodes of 100-degree days in the southeast portion of the state 
in recent weeks, as well as cattle being sold and failing winter wheat 
crops. As such, severe drought (D3) is status quo this week for southern 
and southeastern Colorado.  According to the NASS Colorado Crop Progress 
Report for week ending June 21, 2020, 1st cutting harvested alfalfa hay 
is at 75 percent, 2nd cutting at 2 percent with crop condition 
percentages for alfalfa hay rated 10 percent Very Poor, 12 percent Poor, 
28 percent Fair, 44 percent Good and 6 percent Excellent.  Stored feed 
supplies were rated 7 percent very short, 18 percent short, 71 percent 
adequate, and 4 percent surplus.  The next available report will be 
Thursday, July 2, 2020.  All prices reported are FOB at the stack or barn 
unless otherwise noted.  Prices reflect load lots of hay.  If you have 
hay for sale or need hay, use the services of the Colorado Department of 
Agriculture website: www.coloradoagriculture.com.

Northeast Colorado Areas
  Alfalfa
   Large Squares: Good 160.00.
                  Good 165.00, DEL.
                  Fair 125.00-135.00, Contract, DEL.
  Alfalfa/Grass
   Large Squares: Premium 225.00, Retail/Stable.
   Small Squares: Premium 260.00-307.50 (7.75-10.00), Retail/Stable.
  Timothy/Brome Grass
     Mid Squares: Premium 260.00, Retail/Stable.
   Small Squares: Premium 255.00 (7.65 per bale), Retail/Stable.
  Grass
   Small Squares: Premium 335.00 (10.00 per bale), Retail/Stable.
  Oat Hay
   Large Squares: Premium 125.00.
   No reported quotes for all other classes of hay.

Southeast Colorado Areas
  Alfalfa
     Mid Squares: Premium 180.00.
   Small Squares: Premium/Supreme 300.00 (9.00 per bale), Retail/Stable.
                  Premium 240.00 (8.00 per bale).
                
  Grass
   Small Squares: Premium 315.00 (9.00 per bale), Retail/Stable.
  Triticale
     Mid Squares: Premium 140.00.
   No reported quotes for all other classes of hay.

San Luis Valley Areas
  3-Way Forage Grass Mix
   Small Squares: Premium 325.00 (9.00 per bale), Retail/Stable.
   No reported quotes for all other classes of hay.

Southwest Colorado Areas
  Alfalfa
   Large Squares: Premium 175.00.
  3-Way Forage Grass Mix
   Small Squares: Premium 300.00-365.00 (9.00-11.00 per bale), Certified 
Weed Free.
  Grass
   Small Squares: Premium 215.00-230.00 (7.00 per bale), Retail/Stable.
   No reported quotes from all other classes of hay.

Mountains and Northwest Colorado Areas
  Grass
   Small Squares: Premium 270.00 (7.00 per bale), Retail/Stable.
   No reported quotes for all other classes of hay.

Northeast: Weld, Washington, Morgan, Cheyenne, Kiowa, Lincoln, Elbert, 
Adams, Sedgwick, Yuma, Larimer, Jefferson, Douglas, Kit Carson, Phillips, 
Logan, Boulder, Arapahoe, and El Paso.
Southeast: Fremont, Custer, Huerfano, Las Animas, Bent, Otero, Prowers, 
Crowley, and Pueblo.
San Luis Valley: Saguache, Alamosa, Costilla, Conejos, Rio Grande, and 
Mineral.
Southwest: Mesa, Delta, Montrose, Ouray, San Miguel, Montezuma, Dolores, 
San Juan, Hinsdale, Archuleta, and La Plata.
Mountains and Northwest: Moffat, Routt, Jackson, Rio Blanco, Garfield, 
Gunnison, Teller, Grand, Chaffee, Park, Clear Creek, Gilpin, Summit, 
Lake, and Eagle.

   Contracts are not indicative to other regions of the state and do not 
pertain to the cash market.  The term "Season" Means that as long as the 
hay meets the contract requirements the buyer takes delivery on every 
cutting in that particular year.  All contracts are marketed on a per ton 
basis. Prices figured on a per ton basis or a per point basis (.xx times 
the RFV).  
   * - When priced on a per point basis.
   * - NEL basis for corn silage

   Haylage is based on 88 percent dry matter.  Haylage formula most often 
used (Haylage wet ton x percent dry matter/88 percent = 12 percent baled 
hay).  Haylage to be cut on an approximate 28 to 32 day cutting rotation.  
Quoted standing in the field.  

   Corn Silage 30-32 percent dry matter.  Based at .70 to .72 net energy 
for lactation (NEL).  Silage can be quoted standing in the field or 
delivered to the pit. ** All information is a basis for every contract 
and applies unless otherwise stated**

Alfalfa guidelines (domestic livestock use and not more than 10 pct 
grass)
Quality       ADF      NDF       RFV       TDN-100 pct   TDN-90 pct CP
Supreme       <27      <34      >185         >62          >55.9     >22
Premium      27-29    34-36    170-185    60.5-62        54.5-55.9  20-22
Good         29-32    36-40    150-170      58-60        52.5-54.5  18-20
Fair         32-35    40-44    130-150      56-58        50.5-52.5  16-18
Utility       >35      >44      <130         <56          <50.5     <16

   RFV calculated using the WI/MN formula.  TDN calculated using the 
western formula.  Quantitative factors are approximate and many factors 
can affect feeding value.  Values based on 100 percent dry matter.  
Quantitative factors are approximate, and many factors can affect feeding 
value.  Values based on 100 percent dry matter.  End usage may influence 
hay price or value more than testing results. 

   Grass Hay guidelines
Quality       Crude Protein Percent 
Premium            Over 13
Good                  9-13
Fair                   5-9
Utility            Under 5

Source:  USDA-CO Dept of Ag Market News Service, Greeley, CO
         Heath Dewey, Market Reporter
         970-353-9750 Greeley.LPGMN@ams.usda.gov
         www.ams.usda.gov/mnreports/GL_GR310.txt
         http://marketnews.usda.gov/portal/lg

1100M    hmd

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