Hay supplies are up by double digits over the last year, and that is helping keep costs down.
Frequent Market Day Report guest Dr. Darrell Peel says hay production was up more than three percent last year, and stocks, as of May 1st, were up nearly 50 percent over 2023 levels. Despite the gains, total hay supplies fell nearly two percent over the last decade.
Peel says that for producers in many states, increased supplies will mean more flexibility in the coming months.
Related Stories
Sponsored
Golden Harvest’s Corn Technical Product Lead, Todd McRoberts, unveils their line of Northern corn hybrids built for resilience and performance in colder climates.
Transportation access, legal disputes, and fertilizer freight costs will directly influence input pricing and grain movement in 2026.
Mexico plans to release 202,000 acre-feet of water into the Rio Grande, offering temporary relief to South Texas farmers as Congress advances the PERMIT Act.
Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.
Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.
China’s pullback is hitting core U.S. commodities hard, reshaping export expectations for soybeans, cotton, grains, and livestock.
