Hay prices may follow flagging milk prices in Nevada.
Sagging milk prices could take some of the upward pressure off hay prices in the year ahead, says Jon Hill, sales manager for Nevada Hay Growers, Inc., a 95-member growers’ cooperative based in Yerington.
“I’m anticipating a little settling in the market,” he says. “Milk prices have dropped, and (dairy producers) are not making a lot of money.”
On the flip side, Hill doesn’t expect a big drop. “There will still be a shortage of hay this year.”
As of early last week, Nevada Hay Growers had sold all but about 5,000 tons of the 100,000 or so tons produced by co-op members in 2011. Along with alfalfa, members also put up grass and grain hays. While dairies in Nevada and neighboring states are Nevada Hay’s primary market, the co-op also sold roughly 30,000 tons to export firms.
Supreme- and premium-quality hay has been selling for around $240-250/ton, roughly $100/ton higher than the year-ago price, Hill reports. “We sold some organic hay for as high as $320/ton. And we sold some grinder-type hay for as low as $100/ton.”
To contact Hill, call 775-221-3286 or email email@example.com.