Hay Prices Up In March

U.S. hay prices moved up slightly again in March, according to USDA’s Agricultural Prices report released last week.

The average price received by farmers for all hay in March was $181/ton, up $5 from the February price. In March 2011, the all-hay price was $126/ton.

The average alfalfa price in March, $201/ton, was up $3/ton from the February figure and $59 higher than the average price in March 2011. New Mexico reported the highest alfalfa price, $301/ton, among the 27 reporting states. North Dakota had the lowest average price, $78/ton.