Hay Market Reports

Although the calendar says spring, the winter of 2018-19 still has some story to tell, affecting both domestic and export forage markets.

Several major dairy states entered winter with substantially lower on-farm hay inventories compared to a year ago, based on a semiannual hay stocks report from the USDA.

With some USDA employees furloughed and offices closed, several regular statistical and market reports affecting hay and forage producers have been cancelled or delayed. Here’s an update on what we know.

It’s the time of year when all three spirits of the hay year come into view: past (production), present (stocks) and future (markets). For now, it’s the export market that’s likely causing the most sleepless nights.

Government policies on both sides of the globe have altered the U.S. hay export picture. But despite the substantial decline in alfalfa hay shipments to China, September exports were the highest since June, totaling more than 229,250 metric tons (MT).

Depending on location and market, October is frequently a time to determine whether the haying season will be a sweet success.