Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Jul 20, 2017

Receipts:  118 loads    Last Week:  101 loads    Last Year:  94 loads

Compared to last week:   Alfalfa sold steady to 5.00 higher, grass steady on a lower quality offering.  This was the first large offering of new crop straw.

Alfalfa:  Premium:  Large Rounds and Squares, 12 loads 127.50- 142.50.  Good:  Large Rounds and Squares, 23 loads 97.50-112.50. Fair:  Large Rounds, 1 load 90.00.

Grass:  Premium:  Large Rounds and Squares, 9 loads 100.00-122.50; Small Squares, 1 load 135.00.  Good:  Large Rounds and Squares, 36 loads 85.00-97.50.  Fair:  Large Rounds, 5 loads 70.00-82.50.  Utility:  Large Rounds, 1 load 60.00.

Alfalfa/Grass Mix:  Good:  Large Rounds and Squares, 2 loads 110.00- 11.750.  Fair:  Large Rounds, 1 load 90.00.

Straw:  Large Squares, 4 loads 90.00-102.50.  Large Rounds, 11 loads 77.50-97.50.

Cornstalks:  Large Rounds, 9 loads 35.00-47.50.

Farm Lending Conditions Update

Nebraska Extension Educator Robert Tigner added a new post to his blog that updates current ag lending conditions across 6 Federal Reserve districts. The commercial banks report increased lending demand for 2017 Q2 compared to 1 year ago. Although year over year loan demand is decreasing in total repayment rates show that ag borrowers are struggling to stay current.

The link is below:

https://redwillowfarmranch.wordpress.com/

Iowa June Milk Production Up Two Percent Over June 2016

Milk production in Iowa during June 2017 totaled 426 million pounds, up two percent from the previous June according to the July 20 USDA, National Agricultural Statistics Service – Milk Production report. The average number of milk cows during June, at 217,000 head, was the same as last month and 4,000 more than last year.
Monthly production per cow averaged 1,965 pounds, the same as last June.

Milk production in the 23 major States during June totaled 16.9 billion pounds, up 1.7 percent from June 2016. May revised production at 17.8 billion pounds, was up 1.9 percent from May 2016. The May revision represented an increase of 17 million pounds or 0.1 percent from last month’s preliminary production estimate.
Production per cow in the 23 major States averaged 1,939 pounds for June, 13 pounds above June 2016. This is the highest production per cow for the month of June since the 23 State series began in 2003.
The number of milk cows on farms in the 23 major States was 8.73 million head, 83,000 head more than June 2016, and 4,000 head more than May 2017.
Milk production in the United States during the April – June quarter totaled 55.3 billion pounds, up 1.8 percent from the April – June quarter last year.
The average number of milk cows in the United States during the quarter was 9.40 million head, 29,000 head more than the January – March quarter, and 76,000 head more than the same period last year.

Thoughts For A First Time Showman

Many years ago I spotted a poem under the lid of Melvin Scholl’s showbox. Melvin was one of the top fitters in his day and worked for the top herds like Curtis Candy, Maytag and Pabst. He was a great mentor and eventually he gave me a copy of that poem. Over the years I have modernized it and shared it with lots of families. Since this is “show season”, I will share it again.

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Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Jul 13, 2017

Receipts:  101 loads    Last Week:  54 loads    Last Year:  94 loads

Compared to last week:   Alfalfa sold steady to 10.00 higher, grass hay steady to firm.  Alfalfa quality varied throughtout the sale.  Straw was all new crop and met with good demand.  All sales FOB Rock Valley, Iowa, vicinity.

Alfalfa:  Premium:  Large Squares, 10 loads 122.50-140.00; Large Rounds, 17 loads 120.00-145.00.  Good:  Large Squares, 2 loads 90.00-117.50; Large Rounds, 14 loads 92.50-110.00.  Fair:  Large Rounds, 6 loads 85.00-90.00.

Grass:  Premium:  Large Squares, 3 loads 105.00-110.00; Large Rounds, 19 loads 97.50-117.50; Small Squares, 1 load 130.00.  Good:  Large Squares, 2 loads 85.00-90.00; Large Rounds, 4 loads 90.00-92.50; Small Squares, 1 load 90.00.  Fair:  Large Rounds, 7 loads 80.00-82.50.  Utility:  Large Rounds, 1 load 55.00.

Alfalfa/Grass Mix:  Good:  Large Rounds, 2 loads 100.00-115.00.  Fair:  Large Rounds, 2 loads 80.00-95.00; Small Squares, 1 load 80.00.

Straw:  New Crop Large Squares, 1 load 115.00.  New Crop Large Rounds, 3 loads 105.00-117.50.

Cornstalks:  Large Rounds, 4 loads 40.00-45.00.

Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Jul 06, 2017

Receipts:  54 loads    Last Week:  106 loads    Last Year:  56 loads

Compared to last week:   Alfalfa hay mostly 5.00 higher, grass hay 10.00 higher.  Lighter offerings due to the 4th of July Holiday, with attractive quality available.

Alfalfa:  Premium:  Large Squares, 3 loads 120.00-127.50; Large Rounds, 8 loads 115.00-132.50.  Good:  Large Squares, 3 loads 105.00-110.00, Large Rounds 6 loads 100.00-110.00.  Fair:  Large Rounds, 5 loads 90.00-92.50.

Grass:  Premium:  Large Rounds, 1 load 125.00; Small Squares, 1 load 115.00. Good: Large Squares, 2 loads 90.00-107.50; Large Rounds, 9 loads 97.50-115.00. Fair:  Large Rounds, 8 loads 85.00-92.50.  Utility:  Large Rounds, 2 loads 70.00-75.00.

Alfalfa/Grass Mix:  Fair:  Large Rounds, 1 load 80.00.

Cornstalks:  Large Rounds, 5 loads 35.00-42.50.

Iowa Alfalfa Acres Up In 2017

The USDA acreage report released June 29 indicated producers intend to harvest 53.5 million acres of all hay in 2017, up less than 1 percent from 2016. The expected harvested area of alfalfa and alfalfa mixtures, at 17.1 million acres, is up 1 percent from 2016. All other types of hay harvested are expected to total 36.4 million acres, down less than 1 percent from 2016. Harvested area of all hay is expected to increase or hold steady in most Midwestern States, but declines are expected in parts of the Southern Plains, Northeast, and Pacific Northwest.

The report indicates Iowa alfalfa and alfalfa mix acres up from 560,000 acres in 2016 to 740 acres in 2017.

Weekly Hay Auction Report

Rock Valley Hay Auction for Thursday, Jun 29, 2017

Receipts:  106 loads    Last Week:  91 loads    Last Year:  80 loads

Compared to last week:   Alfalfa and grass hay sold mostly steady to lower.  All sales FOB Rock Valley, Iowa, vicinity.

Alfalfa:  Premium:  Large Squares, 5 loads 117.50-130.00; Large Rounds, 2 loads 120.00-140.00.  Good:  Large Squares, 5 loads 100.00-112.50, Large Rounds 24 loads 95.00-115.00; Small Squares, 1 load 110.00.  Fair:  Large Squares, 7 loads 77.50-92.50; Large Rounds, 16 loads 75.00-92.50; Small Squares, 130 bales at 2.75 per bale.

Grass:  Premium:  Large Squares, 1 load 127.50; Large Rounds, 3 loads 117.50-125.00.

Good: Large Squares, 1 load 90.00; Large Rounds, 21 loads 80.00-107.50.  Fair:  Large Rounds, 11 loads 65.00-77.50.  Utility:  Large Rounds, 1 load 60.00.

Alfalfa/Grass Mix:  Good:  Large Rounds, 2 loads 90.00-92.50.

Straw:  Large Squares, 1 load 40.00; Large Rounds, 1 load 20.00.

Cornstalks:  Large Rounds, 4 loads 37.50-45.00, mostly 45.00.