Platte Valley delivered ground alfalfa up $35/ton week over week. Round bales up $10-20. Cornstalks up $20. Grass hay flat, alfalfa is doing all the work. Report called demand “very good.”
The cornstalks number is the one to watch. Stalks are the cheapest roughage in the Plains. When alfalfa gets expensive, cattle guys substitute into them. When even the cheap substitute is up $20 in a week, there’s no escape valve in the ration.
Kansas same week, demand strong, inventories tight, prices “substantially higher” per the report.
Drought Monitor 5/21, Oklahoma Panhandle hit D4, worst category there is. Southwest Kansas and southern Colorado expanded to D3. Long-range outlook keeps High Plains drought through summer with above-normal temps May–July.
Carryover from last year is thin. If first cutting comes in light where demand is heaviest, the buyers who waited pay the spike.
You may have a decision to make, Pay now or pray for rain. If you’re selling with hay coming, you’ve got way more leverage than you did three weeks ago.
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