Benchmark contracts
| Benchmark | Type | Contract spec | Unit | Range | As of | Deliverable grade |
|---|---|---|---|---|---|---|
| Pacific Northwest export terminals (e.g., Tacoma, Portland)Headline | physical_fob | High‑grade alfalfa for export, typically RFV >170, CP ≥18%, low NDF/ADF, double‑compressed large bales; FOB vessel PNW. | USD/MT | 330–380 | May 2026 | — |
| California/Arizona dairy regions | physical_fob | Premium alfalfa hay delivered to large dairies, CP 18–20%, RFV 150–170, truck‑delivered basis. | USD/MT | 260–310 | May 2026 | — |
| Eastern Spain ports (e.g., Tarragona, Valencia) | physical_fob | Dehydrated alfalfa, typically 14–17% CP, in 400–500 kg bales or pellets, FOB Spanish port. | USD/MT | 290–340 | Apr 2026 | — |
| Jebel Ali Port, UAE | physical_cif | Blend of US, Spanish and other origin alfalfa hay, mid‑ to high‑grade, CIF including sea freight. | USD/MT | 340–400 | Apr 2026 | — |
Premium structure
Differentials between benchmarks reveal where physical alfalfa trades relative to the futures reference and how regional grades price against the global standard.
| Benchmark | Differential | Notes |
|---|---|---|
| Pacific Northwest export terminals (e.g., Tacoma, Portland) | — | |
| California/Arizona dairy regions | Typically trades USD 40–80/MT below PNW export Supreme/Premium FOB on similar quality. | |
| Eastern Spain ports (e.g., Tarragona, Valencia) | Often USD 10–30/MT discount to comparable US PNW export grades into Gulf destinations. | |
| Jebel Ali Port, UAE | Trades at USD 20–40/MT above FOB origin benchmarks reflecting freight and handling costs. |
See live offers from verified alfalfa suppliers
ATLAS matches buyers with verified counterparties offering alfalfa at current market levels. Compare price, origin, and compliance posture in one view.
Compare suppliers →