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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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Harvest season has wound down, but hay markets have not yet heated up heading into the final month of 2016. Here’s a list of factors (some naughty, some nice) impacting hay producers and marketers as winter approaches.

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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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