New Mexico alfalfa prices holding up well

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ALBUQUERQUE, N.M. — Given the large proportion of New Mexico’s water that goes to irrigating alfalfa and other crops to feed to dairy cows and cattle, the price of alfalfa matters a great deal to the state’s long term water use patterns. And the price of alfalfa right now is very good, according to the folks at Hay and Forage:

Alfalfa prices throughout New Mexico are strong, reports Justin Boswell, executive director of the New Mexico Hay Association.

Small bales of alfalfa sell in the $285/ton range, while good-quality large bales average about $255/ton, he says.

“Good-grade hay is moving just as quick as guys can put it up.”

 

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