Week of March 2, 2026 · 606 price records · 56 regions
THE 30-SECOND VERSION
Midwest alfalfa is flat — good-quality large rounds are still moving at $105–$140/ton across MN, IA, and SD auctions, same as last week. No big swings. The story this issue is Indiana: both Shipshewana and Topeka are clearing premium mixed grass and alfalfa/grass mix at $260–$350/ton — 2–3x Midwest prices for comparable quality. Meanwhile Pennsylvania hit $405/ton for premium small square grass. If you're a Midwest seller with the ability to haul east, that spread is real money.
🌽 MIDWEST SPOTLIGHT: Minnesota & Iowa
What hay actually sold for at auction this week:
Pipestone, MN
Rock Valley, IA
HPL Auction, IA
Dakota, SD
🗺️ NATIONAL QUICK HITS
📋 WHAT FARMERS ARE ACTUALLY GETTING PAID
USDA NASS surveys farmers monthly on what they received in private sales — not just auctions. January 2026 data:
| State | Private Sale Avg | Auction Range |
|---|---|---|
| Minnesota | $72/ton | $105–$140/ton auction |
| Iowa | $97/ton | $95–$140/ton auction |
| South Dakota | $89/ton | $100–$135/ton auction |
| Nebraska | $85/ton | $60–$85/ton auction |
| Kansas | $103/ton | $88–$160/ton auction |
| Wisconsin | $83/ton | (no major auctions) |
Private sales tend to lag auction prices by 4–6 weeks. January private prices suggest the market was softer than what auctions showed heading into February.
💡 TAKEAWAY
The Midwest discount to the rest of the country is holding wide. Iowa and Minnesota buyers are getting good alfalfa at $100–$140/ton while Indiana buyers are paying $260–$350/ton for similar quality grass mixes. That's not a blip — it's a structural price gap driven by demand density and lack of supply in the eastern corridor. Worth watching whether that gap closes as we move toward spring planting.
Data: USDA AMS hay market reports. Prices per ton unless noted. Next issue: March 9.