What is a reasonable hay or haylage price?
Forage prices reflect inventories, demand, acreage, current season yield potential, and yield risk and reflect differentials for attributes or quality. Current hay prices are much less readily available than prices for corn, soybeans, and wheat. A source of information for Michigan hay price estimates is the The Michigan Hay Listing Network” developed with the cooperation of the Michigan Forage Council, Michigan Farm Bureau, and Michigan State University Extension. It is at the webpage http://web2.canr.msu.edu/hay/. The University of Wisconsin Polk County Extension Service provides a weekly summary from AMS/USDA sources for the Upper Midwest that is available on internet. There is often significant regional variation in price because of the cost of transport and local conditions but the site provides a useful reference point. The webpage is http://www.uwex.edu/ces/forage/pubs/hay_market_report.htm The haylage price is usually estimated by adjusting the hay price for the difference in m
