What is the price of standing hay?
If you were looking for a short dollar value answer to that question unfortunately you won’t find it here. Since there is no auction to test the market for standing hay, and no reporting system established to fairly collect prices arrived at between neighbors, giving the price of standing hay would be based on hearsay information. What we do have is a few suggestions on how to determine what to charge or pay for standing hay. If you’re the seller it comes down to charging a price that covers your costs. If you’re the buyer you should be looking at the quantity and quality of feed you might be able to harvest. And for either party it doesn’t hurt to know what your alternative is if you can’t agree on a price. And that means knowing what the hay market is doing, after all, semi-truck loads of hay are a mere phone call away. To find out more about buying and selling hay and what the market might be doing check out the UW-Extension “Buying and Selling Hay” website at http://www.uwex.edu/ce
