U.S. hay prices continued to inch upward in March, according to an Agricultural Prices report released last week by USDA.
The all-hay price received by farmers in March averaged $196/ton, up $2/ton from February’s price, and up $13/ton compared to the March 2012 price. For the 27 reporting states, Colorado had the highest average all-hay price – $244/ton; Texas reported the lowest – $115/ton.
The average alfalfa price in the U.S. during March was $219/ton, up $1/ton from that of the previous month. In March 2012, the average alfalfa price was $200/ton.
Ohio and Wisconsin reported the highest average March alfalfa price of $255/ton. Yet, in both states, that represented a $5/ton drop from the February price. In Arizona, the average price of $220/ton in March was $20/ton higher than the February average price. North Dakota’s average alfalfa price of $144/ton was the lowest among reporting states for the month.
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