U.S. hay prices increased slightly in February but are still well below year-ago levels, according to the Agricultural Prices report released by USDA Feb. 28.
The average all-hay price in February was $168/ton. That was up $3/ton from January’s average price, but down $24/ton from the February 2013 price.
Averaging $188/ton, February alfalfa hay prices were also up by $3/ton compared to the average price of a month earlier. In February 2013, the average price for alfalfa was $218/ton.
Drought-plagued California saw the steepest increase in alfalfa hay prices, from January’s $207/ton to $225 during February. Colorado, already at $225 in January, increased to $230/ton last month. Texas prices rose, comparing January to February, from $234 to $247/ton; Colorado stayed steady at $245/ton both months. A number of Midwestern states showed an average $5/ton or more drop in alfalfa prices.Click here to see more...