Search results
- As it turned out, hay prices could go much higher. From January 2022 to October 2022, the average alfalfa hay price moved from $211 per ton to $281. The previously record-high average price of $227 per ton set in May 2014 was obliterated. Some Supreme and Premium quality hay was selling for over $400 per ton for most of the year.
hayandforage.com › article-permalink-4219Will hay prices turn south in 2023? | Hay and Forage Magazine
People also ask
Will Hay prices go up in 2023?
Are hay prices going down?
How much does Hay cost in September?
Why is Hay so expensive?
Dec 27, 2022 · Recently, hay prices have started to level off or even decline in places such as the Midwest. Dairy producers are finding more profitable ration ingredients and beef producers are simply setting limits on what they will pay for hay.
Dec 6, 2023 · Hay Price Trends for 2024. As of May 1 this year, hay stocks were at near-record lows. USDA data in October predicted 2023 alfalfa hay production would climb 1% from last year and grass hay would go up a meager 0.8%. This year marks the third consecutive year that hay stocks declined.
Jan 16, 2024 · The average U.S. dry-hay yield (all types) declined from 2.29 tons per acre in 2022 to 2.25 tons per acre in 2023. For alfalfa and alfalfa-grass mixtures, the year-to-year average yield dropped minimally from 3.22 to 3.19 tons per acre.
For this reason, hay prices can vary a lot from one area to the next. While overall conditions are better this year, there are still large cattle producing areas that are dealing with drought. In the table below, I selected some state-level all hay production estimates from the August report.
The average price of alfalfa hay during March dropped below $200 per ton, which is the first time that’s occurred since April 2021. The March average price for alfalfa hay retreated to $195, d...
Feb 1, 2023 · The 2022 drought and subsequent poor hay production resulted in stressed hay supplies going into winter, according to AgriLife Extension specialists. Those short hay supplies and demand have now pushed hay bale prices toward record high prices.
Jul 28, 2023 · The USDA Direct Hay Report shows hay prices in Texas remain steady and are beginning to soften in some regions as pasture conditions improve. With the first cutting on the ground, untimely rains are preventing some regions from harvesting their fields, causing hay to be classified as commercial cow hay rather than a higher-quality grade.
