Alfalfa hay prices dropped sharply during July in several Midwestern states, now that the 2013 harvest season is underway in earnest, according to a recent USDA Agricultural Prices report.
Wisconsin reported the steepest monthly decline among the 27 reporting states. At $195/ton, the average alfalfa hay price received by state farmers in July was down by $80/ton from that of the previous month. But it was still $60/ton higher than in July of 2012.
In Minnesota, the average price dropped by $55/ton in July to $185/ton. Producers in South Dakota saw prices dip $47/ton, also to $185/ton.
Compared to the previous month’s prices, alfalfa prices increased in July in just six states – Colorado, Nevada, New York, Pennsylvania, Texas and Utah.
For the U.S. as a whole, the average alfalfa hay price was $209/ton in July. That’s down by $11/ton from the previous month’s average, but up $11/ton from the July 2012 price. The U.S. all-hay average price in July was $190/ton, down from $199/ton in June. In July of last year, the average all-hay price was $184/ton.