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
Glyphosate and phosphorus are deemed critical to U.S. national defense, ensuring farmers’ access while signaling a shift toward regenerative agriculture. RealAg Radio host Shaun Haney shares insight on the Trump Administration’s move and what it could mean for U.S. farmers moving forward.
Cotton jassid, a invasive pest, is raising concerns for Southeast cotton growers as experts work to understand its impact this season.
RFD Farm Legal & Tax expert Roger McEowen shares guidance on the 45Z Clean Fuel Production Credit, its impact on renewable energy and agriculture, and what producers should know moving forward.
Brooks York of AgriSompo discusses projected prices and how farmers are adapting their crop insurance strategies as the price discovery period comes to a close.
Stronger fuel demand supports corn usage despite a steady production pace.
Galynn Beer of Tidal Grow Agri-Science joined us to discuss challenges in fertility management, the benefits of Align-N, and what growers can expect at Commodity Classic next week.
