We establish the existence of Demazure flags for graded local Weyl modules for hyper
current algebras in positive characteristic. If the underlying simple Lie algebra is
simply laced, the flag has length one; that is, the graded local Weyl modules are
isomorphic to Demazure modules. This extends to the positive characteristic setting
results of Chari and Loktev, Fourier and Littelmann, and Naoi for current algebras in
characteristic zero. Using this result, we prove that the character of local Weyl
modules for hyper loop algebras depend only on the highest weight, but not on the
(algebraically closed) ground field, and deduce a tensor product factorization for
them.