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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

The USDA’s next crop production report will be released Nov. 9, a day after the presidential election. Here’s a snapshot of issues impacting hay producers as the ballots are counted.

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The 2016 hay and forage season is winding down. With large inventories, producers in some regions are considering leaving the last crop in the fields.

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U.S. hay growers are entering the final four months of 2016 facing economic conditions shared by many other agricultural commodity producers: Higher production levels are adding to supplies at a time when global economies are still on the slow road to recovery, putting pressure on producer prices and income.

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Hay supplies generally exceeded demand as August began, pressuring prices lower, based on weekly state, regional and national hay market summaries.

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With the 2016 hay growing and harvest season well underway, USDA’s annual acreage report indicated U.S. hay harvested area will be up from a year earlier. The report, released June 30, set estimated all hay acreage at about 56.1 million acres, up 2 percent compared with the 54.4 million acres harvested in 2015.

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Late-May moisture was causing hay quality and demand concerns in many parts of the country, based on regional summaries from USDA’s Agricultural Marketing Service. Hay prices got a late-spring bump, but reports of new-crop sales are light as harvest got into second gear.

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