Hay Market Reports

Harvest delays and quality and yield concerns related to rain and pest damage continue to create uncertainty surrounding 2022 hay markets. Here’s Progressive Forage’s monthly update as the calendar turns to summer.

A slow start to the 2022 growing season means delays in new-crop hay production and price discovery.

Forage cropping plans for 2022 are moving from paper to application and Mother Nature will have a lot to say about how those intentions progress.

Agricultural producer financial sentiment continues to fluctuate month to month, with higher input costs a leading concern, according to the monthly Purdue University/CME Group Ag Economy Barometer survey.

It’s hard to believe, but with spring just weeks away, planning for the year ahead is well underway. Undoubtedly, high prices will mean corn, soybeans, wheat and cotton will compete for acreage – and irrigation water.

The transition into 2022 is well underway, with no shortage of questions related to supply and demand, domestic and export supply chains, input costs and growing conditions. We’re still waiting on some final numbers from 2021.