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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

U.S. hay producers intend to harvest 53.5 million acres of all hay in 2017, up less than 1 percent from 2016, according to the USDA’s Acreage report.

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The 2017 hay market focus has turned from pre-season estimates to in-season harvest information. Late spring breathed some life into prices but, as always, Mother Nature will have the final say on yield and quality.

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The winter of 2016-2017 was tough on hay marketers and Upper Midwest hay growers. With rain, cold weather and even snow slowing spring fieldwork and crop progress, growers faced additional challenges, while marketers began to see price improvement.

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Producers are in the fields, and 2017 pre-season hay harvest acreage estimates are out. Moisture levels are the best they’ve been in years – unless you’re in a drought area. Exports provide promise, but prices remain in the doldrums.

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While the 2017 growing season begins to awaken, hay prices remain in a slumber.

The pickup in buyer interest in early February failed to spring life into hay prices, which remain the lowest in six years. While widespread winter precipitation improved moisture conditions in many areas, the south-central U.S. continues to report drought conditions.

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Widespread winter precipitation improved moisture conditions throughout the U.S., providing optimism for the 2017 growing season. Meanwhile, hay prices generally remained low and steady, but buyer interest was picking up in early February, suggesting the marketing year was beginning to thaw.

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