HayWire● FREE · Issue 27
● Market Report · AUGUST 17, 2026

Benchmark falls to $170.37, buyers gain

HayWire · Week of August 17, 2026 · USDA AMS · 151 records · 23 regions
§01  The 60-Second Read

The benchmark dropped to 170.37 this week, down 8.24 from 178.61, a 4.6 percent slide that favors buyers. The softness ran deep, with Pipestone MN off 18.98 to 163.11. Only Dakota SD Mon bucked the trend, up 6.72 to 204.78.

§02  By the Numbers
Good benchmark
$170/ton
4.6% / $8 week over week
Top mover
$205
Dakota SD Mon · 3.4% · 127.82 vs. 99.81 reported tons; 1 price line each
Geography spread
$62/ton
Dakota SD Mon $205 → RockValley IA Thu $143
Alfalfa index
$220/ton
softening · low confidence
§03  Watch List
01
Dakota SD leads high
Dakota SD Mon rose to 204.78, up 3.4 percent, on 127.82 vs. 99.81 reported tons; 1 price line each.
02
Pipestone drops hard
Pipestone MN fell 18.98 to 163.11, off 10.4 percent, on 80.5 vs. 62.8 reported tons; 1 price line each.
03
Wide spread persists
The gap ran 61.56 between Dakota SD Mon at 204.78 and RockValley IA Thu at 143.22 this week.
§04  The Read

This week reads as broad softening, with the benchmark off 4.6 percent and Pipestone MN down 10.4 percent to 163.11. The strength sits at the top end, where Dakota SD Mon firmed to 204.78 on heavier reported tons. The slack shows lower on the quality ladder.

§05  From the Field
Reported to HayWire directly — outside the USDA index
West Central Oklahoma — Alfalfa, crop not restated on this line: $225/ton
Oklahoma producer · Aug 20
Luna County, Deming, NM — Alfalfa: $240/ton
New Mexico producer · Aug 20
Buffalo County, Kearney, NE — Alfalfa, pure: $180/ton
Nebraska producer · Aug 18
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