Mark,

Seems like hay prices are mostly determined by the weather in various areas of the country and the trucking costs to get it from where it is produced to where it is consumed.

Weather for the season is unpredictable except for the beginnings of a LaNina showing up which often means a dry corn belt.

As suggested, at this time of year I would look at your realistic cost of production, allowing for fertilizer, fuel and equipment price increases and maybe land rent levels. Add in a reasonable profit and use that as your base price to start. Do not go below that this early in the year. As in grain sales the best thing to do may be to set your price and when someone buys at that level go ahead and sell part of your expected crop but just a part.

You will always have better information later in the season. jmho.

Best of Luck.

Jim at Dawn