With feed supplies abundant, alfalfa prices have backed off in Kansas.
U.S. hay prices trended downward in November, according to USDA’s monthly Agricultural Prices report released last week.
At $171/ton, the average all-hay price for the month dropped $6 from the October price and $19 from the November 2012 price. The average alfalfa price, at $188/ton, was $5 lower than it was in October and $27/ton below year-earlier levels.
New Mexico registered the highest alfalfa price, $250/ton, among the 27 reporting states, followed by Colorado at $235/ton and Texas at $230/ton. The alfalfa price was lowest in North Dakota at $105/ton.
Compared to month-earlier prices, alfalfa prices increased in 10 states – California, Illinois, Kansas, Michigan, Minnesota, Montana, Ohio, Oklahoma, Oregon and Pennsylvania. Of those, Minnesota and Ohio had the biggest month-to-month increases, each at $20/ton.
The national average corn price for November, at $4.29/bu, was down 32 cents from October’s average and $2.72 below the November 2012 price.
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