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The low prices for the month, under $100 per ton, could be found in South Dakota, North Dakota and Nebraska. Other hay The U.S. average price for other hay was estimated at $126 per ton, up $5 from June and the highest since May 2017.

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Driven by low commodity prices and a weaker dairy sector, alfalfa hay prices were quite painful for alfalfa producers in 2015-2016, according to Dan Putnam, forage agronomist with the University of California – Davis Extension.

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For Midwest states, the 2018 projected price is $10.16 per bushel for soybeans (farmdoc daily, March 1, 2018). This projected price is the average of settlement prices on the Chicago Mercantile Exchange (CME) November soybean contract during February.

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Regardless of these recent changes, most dairymen would agree neither program is a perfect fit for their situation as presently constructed. Few dairy owners will say either program has provided much assistance to meet financial difficulties during this most recent spell of low prices.

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Regardless of these recent changes, most dairymen would agree neither program is a perfect fit for their situation as presently constructed. Few dairy owners will say either program has provided much assistance to meet financial difficulties during this most recent spell of low prices.

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Note, for example, that Korea and India had comparable levels of income in 1960, while in 1985 Korea's per capita GDP exceeded India's by a factor of 4. At this rate of …

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