GL_GR310 Greeley, CO Thr May 15, 2008 USDA-CO Dept of Ag Market News Colorado Hay Report Compared to last week: Alfalfa and grass qualities steady. Producers continue to work off of previous trades with most inventories liquidated. Trading activity very slow. Demand moderate. Several areas expecting a delay in first cutting between 1 to 2 weeks, with mountain areas experiencing full delay. New crop prices expected to increase due to rising fuel and other input costs coupled with a decline in hay acres that are being converted to grain crops. Quoted prices are dollars per ton and FOB stack unless otherwise noted. FOB relates to prices of hay at the edge of field or at the stack. Delivered prices relate to final cost of hay delivered to user including freight to the dairy, feedlot, broker, auction, or ranch. Delivered prices include all transportation and handling fees, which vary based on distance of haul and other factors. Ground and delivered prices include cost of processing as well as delivery to the feedlot or Dairy. Prices are from the most recent sales. Northeast Colorado Areas Alfalfa: Supreme Large Bales 160.00, 200.00 Del. Premium Large Bales 140.00-150.00, 155.00-170.00 Del; Small Squares 185.00-215.00 (6.50 per bale). Good Large Bales 110.00-120.00, 140.00 Del; Small Squares 150.00- 170.00 (4.00-5.00 per bale). Fair to Good Large Bales 120.00-125.00 Del. Fair Large Bales 105.00, 115.00 Del. Utility Large Bales 100.00-110.00 Del. Alfalfa/Grass Mix: Premium Small Squares 230.00-250.00 (6.50-7.50 per bale). Grass: Premium Large Bales 165.00 Del; Small Squares 220.00-245.00 (6.50- 7.00 per bale), 265.00-270.00 Del (8.00 per bale). Fair to Good Large Bales 135.00-140.00 Del. Utility Large Bales 115.00 Del. Cornstalks: Large Bales 50.00-60.00, 65.00 Del. Southeast Colorado Areas Alfalfa: Supreme to Premium Large Bales 185.00; Premium Large Bales 150.00-160.00. Good Large Bales 120.00-130.00, 150.00 Del, Small Squares 150.00-155.00 (4.50-5.00 per bale). Utility to Fair Large Bales 100.00, 110.00-115.00 Del. Utility 85.00-90.00. Ground and Delivered 155.00. Grass: Premium Small Squares 150.00-160.00(4.50-5.00 per bale). San Luis Valley Area Alfalfa: Premium Large Bales 160.00-170.00, Small Squares 215.00-245.00 (7.00-8.00 per bale). Good to Premium Large Bales 130.00. Good Large Bales 110.00-120.00. Fair Large Bales 100.00-110.00. Utility Large Bales 90.00- 100.00. Alfalfa/Grass Mix: Premium Large Bales 160.00, Small Squares 180.00- 200.00 (5.50-6.00 per bale). Good to Premium Large Bales 135.00. Grass: Premium Large Bales 150.00. Good to Premium Large Bales 135.00, Small Squares 180.00 (5.50 per bale). Good Large Bales 115.00-120.00. Utility Large Bales 100.00-105.00. Oat Hay: Large Bales 90.00-100.00, 140.00 Del. Southwest Colorado Areas Alfalfa: Premium Large Bales 150.00-160.00, Small Squares 255.00-290.00 (6.00-8.00 per bale). Good to Premium Small Squares 215.00 (7.00 per bale). Good Large Bales 130.00-140.00. Fair Large Bales 120.00, instances 145.00. Alfalfa/Grass Mix: Premium Large Bales 165.00, Small Squares 230.00- 235.00 (7.00 per bale). Grass: Premium Small Squares 215.00-220.00 (6.50-7.00 per bale), Good Large Bales 145.00-150.00. Oat Hay: Large Bales 90.00. Mountains and Northwest Colorado Areas Grass: Premium Large Bales 150.00-160.00, instances 170.00. Small Squares 180.00-200.00 (5.00-5.50 per bale). Good to Premium Large Bales 150.00-160.00. Good Small Squares 160.00-170.00 (5.00-5.50 per bale). Fair Large Bales 120.00-125.00, Small Squares 150.00-175.00 (4.25-4.50 per bale). Utility Large Bales 80.00-90.00. Contracted Hay, Haylage, and Corn Silage Northeast Colorado Areas FOB/Del Total Price Tons Hay Type Bale Size RFV/DM/NEL Del 130.00-135.00 6000 Alfalfa NC 4x4x8 Grinder Del 133.00-135.00 4750 Alfalfa NC 4x4x8 Grinder Del 135.00 1000 Alfalfa NC 4x4x8 Grinder Contracted Hay, Haylage, and Corn Silage Southeast Colorado Areas FOB/Del Total Price Tons Hay Type Bale Size RFV/DM/NEL Del 115.00 2 years Alfalfa 3x4x8 Grinder Contracts are not indicative to other regions of the state and do not pertain to the cash market. The term "Season" Means that as long as the hay meets the contract requirements the buyer takes delivery on every cutting in that particular year. All contracts are marketed on a per ton basis. Prices figured on a per ton basis or a per point basis (.xx times the RFV). * - When priced on a per point basis. * - NEL basis for corn silage Haylage is based on 88 percent dry matter. Haylage formula most often used (Haylage wet ton x percent dry matter/88 percent = 12 percent baled hay). Haylage to be cut on an approximate 28 to 32 day cutting rotation. Quoted standing in the field. Corn Silage 30-32 percent dry matter. Based at .70 to .72 net energy for lactation (NEL). Silage can be quoted standing in the field or delivered to the pit. ** All information is a basis for every contract and applies unless otherwise stated** Alfalfa guidelines (domestic livestock use and not more than 10 pct grass) Quality ADF NDF RFV TDN-100 pct TDN-90 pct CP Supreme <27 <34 >185 >62 >55.9 >22 Premium 27-29 34-36 170-185 60.5-62 54.5-55.9 20-22 Good 29-32 36-40 150-170 58-60 52.5-54.5 18-20 Fair 32-35 40-44 130-150 56-58 50.5-52.5 16-18 Utility >35 >44 <130 <56 <50.5 <16 RFV calculated using the WI/MN formula. TDN calculated using the western formula. Quantitative factors are approximate and many factors can affect feeding value. Values based on 100 pct dry matter. Quantitative factors are approximate, and many factors can affect feeding value. Values based on 100 pct dry matter. End usage may influence hay price or value more than testing results. Grass Hay guidelines Quality Crude Protein Percent Premium Over 13 Good 9-13 Fair 5-9 Utility Under 5 Source: USDA-CO Dept of Ag Market News - Greeley, CO Kinley Smotherman Market Reporter 970-353-9750/Broadcast 970-353-8031 http://www.ams.usda.gov/mnreports/GL_GR310.txt 0900m kks .