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
Record U.S. sorghum crop faces weak demand as China slashes imports, while corn farmers warn of rising costs, shrinking margins, and global market pressures.
RFD-TV Markets Expert Tony St. James breaks down the state of agribusiness and harvest progress across each region of the United States for the week of Monday, September 22, 2025.
Ethanol producers face a widening opportunity window as aviation and marine fuel markets expand, with the potential to add billions in demand if policy and certification align.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.
Produce markets are in transition as fall approaches, with leafy greens and berries under pressure, while vegetables like celery, broccoli, and cauliflower are finding firmer ground.
