U.S. hay prices continued trending upward in May, according to USDA’s Agricultural Prices report released last week.
The average price received by farmers for all hay last month was $199/ton, up $9/ton from the April price. In May 2011, the all-hay price was $171/ton.
Alfalfa prices were also up slightly. At $215/ton, the U.S. average price in May was up $8/ton from that of the previous month and $28/ton higher than the May 2011 price. New Mexico reported the highest alfalfa price at $286/ton, down $14/ton from the April figure. At $75/ton, North Dakota had the lowest average alfalfa price among the 27 reporting states.