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Hay Market Reports

What affected hay market prices last month? Why? Find out some facts in these monthly reports and charts.

LATEST

With spring planting either delayed or prevented, the USDA’s Crop Acreage report left plenty of questions yet to be answered in 2019. One thing we did learn from the report was that U.S. hay acreage could be at its lowest in 111 years.

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The cool, extremely wet spring lingered into early June, putting planting season well behind schedule and delaying hay growers from taking a first cutting.

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A wet, cool spring, dairy’s slow climb to better milk prices and trade war rhetoric continue to try the patience of many hay growers and marketers.

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Many variables remain, but the USDA’s initial estimate of 2019 acreage devoted to major crops indicates little change in the area harvested for dry hay compared to a year ago.

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Although the calendar says spring, the winter of 2018-19 still has some story to tell, affecting both domestic and export forage markets.

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Several major dairy states entered winter with substantially lower on-farm hay inventories compared to a year ago, based on a semiannual hay stocks report from the USDA.

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