Posted by picassomcp on May 30, 2013 at 18:03:13 from (50.107.33.110):
I am looking for your thoughts on new crop hay prices, most specifically in central MN. I have just sold the last of my hay from last year, most every buyer wants to lock in their hay for next year and have been asking about price. I'm not a gouger by any means, I am just looking to get a fair price and retain the customer. I feel that hay is still in short supply and probably will be for at least another year or two until supplies get built up again, so with that in mind, I think the price will be a bit above "normal" but I don't think it will stay around the $75 I've been getting for my 4 x 5 rounds of good grass hay. Only minimal clover in these bales, mostly just good grass bales made dry with good green color and stored inside. I'm thinking of telling my buyers that I would presell for $50 a 4x5 bale or $3 a small square. I think at this price we would each be taking a gamble. I win if we have a good crop year and supply is plenty, they win if its only a 2 cutting year again and prices stay high.
What are your thoughts, and what is your starting price gonna be??
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