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Cattle Boards
Grasses, Pastures & Hay
Price gouging vs profit opportunity
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<blockquote data-quote="Stocker Steve" data-source="post: 1739821" data-attributes="member: 1715"><p>There are several Minnesota locations that hold hay and bedding auctions twice per month. Results are posted on the internet. Auction selling cost is high due to trucking and fees and commission. About $18 to $21 per bale (or $30 per ton) selling cost for local grass hay, and much higher for hay with a couple hundred miles on it. About half the auction hay here currently comes out of the Dakotas or NW MN.</p><p></p><p>Good grass hay price has dropped to $150/ton at auction, so local on farm price should be about U$S 150-30=120 per ton.</p></blockquote><p></p>
[QUOTE="Stocker Steve, post: 1739821, member: 1715"] There are several Minnesota locations that hold hay and bedding auctions twice per month. Results are posted on the internet. Auction selling cost is high due to trucking and fees and commission. About $18 to $21 per bale (or $30 per ton) selling cost for local grass hay, and much higher for hay with a couple hundred miles on it. About half the auction hay here currently comes out of the Dakotas or NW MN. Good grass hay price has dropped to $150/ton at auction, so local on farm price should be about U$S 150-30=120 per ton. [/QUOTE]
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Price gouging vs profit opportunity
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