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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.

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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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The Kentucky Derby is coming up this weekend, and the hay harvest season is just getting to the gate, too. Hay movement and market information has been slow.

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Alfalfa harvest is underway in Arizona and California. Fields are greening up in other regions, giving a glimpse of how the hay crop survived winter. Most areas of the country reported adequate to surplus hay and roughage supplies.

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Market conditions reported Feb. 29, 2016

Many current agricultural market reports would have you believe “the sky is falling” in agriculture.

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Dairy outlook

Bob Cropp, professor emeritus from the University of Wisconsin – Madison, in his Jan. 22 report says, “U.S. dairy exports will keep a damper on milk prices at least for the first half of the year.

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