The hay trade is at a standstill to slow demand. Due to an excessive supply of hay from 2023, the 2024 hay continues to be baled, along with cattle continuing to be sold.

Trends:
Alfalfa Large squares $175-$200 a ton - New Crop
Alfalfa Rounds - No Trend
Grinding hay - No Trend
Bermuda 5x6 rounds - $70-$90 a bale - New Crop
Bermuda 5x6 rounds - $50-$55 a bale - Year Old Hay
Bermuda Large Squares - No Trend
Wheat Hay 5x6 Round/Large Squares - $80-$100 a Ton - New Crop Grass Hay 4x5-4x6 - $45-$55 a bale - New Crop
Grass Hay 5x6 - No Trend Rough
Grass Hay any size $30-$40 a bale - Year Old Hay

The Oklahoma Mesonet Drought Monitor shows we are at 0 percent in exceptional drought, 0 percent in an extreme drought, 3.78 percent in severe drought, 22 percent in moderate, 69.21 percent in abnor-mally dry conditions, and 30.79 percent that has no drought condi-tions.

* The next report release will be on August 16*