HayWire● FREE · Issue 32
● Market Report · SEPTEMBER 21, 2026

Dakota, SD alfalfa slides $21 to $220/ton

HayWire · Week of September 21, 2026 · USDA AMS · 121 verified trades · 25 markets
§01  The 60-Second Read

Dakota, SD came in at $220/ton, down $21, on 93 tons this week vs 192 last week, and that is the clearest give in the market this week. The national index sat at $166/ton, down 2.5% across 25 markets, so the softness was broad rather than one barn having an off day. Good alfalfa held nearly flat at $196/ton, down $1, which tells you the higher-quality end did not follow Dakota down. On both counts, buyers got the better end of the week.

§02  By the Numbers
National index
$166/ton
▼ 2.5% week over week · 25 markets
Top mover
$220
Dakota, SD · ▼ 8.6% · on 93 tons this week vs 192 last week
Geography spread
$61/ton
Pipestone, MN $221 → Rock Valley, IA $160
Good alfalfa · 5 auctions
$196/ton
▼ 0.5% / $1 week over week
§03  Watch List
01
Rock Valley, IA low end
Rock Valley, IA anchored the low at $160/ton this week. If it holds there, the $61 spread across markets stays wide.
02
Pipestone, MN volume
Pipestone, MN moved on very few tons last week, so its jump is hard to trust. More tons reported next week would confirm or undo it.
03
Diesel print and freight
Diesel at $6.53 a gallon, up $0.24, adds to delivered loads. Another step up widens the gap between local and hauled hay.
§04  The Read

Alfalfa as a class averaged $167/ton, up 4.6%, while orchard grass fell 8.1% and mixed grass 4.5%. That split says the slack sits in grass hay, not in alfalfa. The Dakota drop looks more like one market correcting on lighter volume than a turn in alfalfa itself.

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