06/08/2026
Market Report 6/8/2026
Sources: Midland Bean, High Country Elevators, and USDA/CO Dept of Ag.
Winter Wheat Spring Wheat Beans
Per Cwt....................9.00..........................10.00.....................28.00......
Hay (Conventional)
Alfalfa...Alfalfa...Grass...Grass-Fair...Orchard Grass...
Compressed Bales...Small Square Bundled...Compressed Bales...Medium Square 3x3...Small Square Bundled
QTY...N/A...N/A...N/A...125...N/A
Price Range...14.00...17.00...14.00...100.00...17.00
WtdAvg....N/A...N/A...N/A...100.00...N/A...
Freight/Use...F.O.B. Retail...F.O.B. Retail...F.O.B. Retail...F.O.B. Stables...F.O.B. Retail
Description...Covered (all)
Crop Age...Old Crop (all)
Compared to last report: Trade activity Light. Demand Good to Very Good on both old crop and new crop hay. 3x3's of old crop alfalfa horse
hay sold $5.00 to $10.00 per bale higher this period. First cutting of alfalfa hay is underway as we wrap up haylage harvest of wheat, triticale,
and rye. New crop prices are firm due to current drought conditions. Irrigation water allocation reductions across the state are driving new
crop prices higher and increasing prevent plant acres. According to the U.S. Drought Monitor's High Plains Summary for June 2, 2026, stormy
weather brought soaking rains across much of the High Plains, with the highest coverage and accumulations over Kansas and Nebraska. While
beneficial, this precipitation competed during the week with much above-normal temperatures, which maintained high evapotranspirative
demands. Accordingly, areas that missed out on significant rainfall, including portions of the Dakotas and far northern Nebraska, experienced
some degradation, while reductions were noted across much of Kansas and eastern Nebraska. Further west, beneficial precipitation brought
some relief to portions of the Colorado Plains and a few spots in Wyoming, while drier conditions resulted in deterioration in southwestern
Colorado. For Drought Classifications, 35.95% of the state falls in Extreme-Exceptional drought (D3-D4) categories, and 64.05% of the state
falls into the Abnormally Dry-Severe Drought (D0-D2) categories. The next available report will be Thursday, June 18, 2026.
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