LIVESTOCK MARKETING INFORMATION CENTER – The 2014 calendar year provided favorable growing conditions for hay producers across most of the U.S. Even drought-struck California produced more hay than anticipated, according to the USDA-NASS reports. This has contributed to a general story in the national hay complex of trending towards normal (pre 2010 and 2011 drought) production, stock levels, and prices.
Notable year-over-year total hay production changes include Kansas down 24%, Nebraska was up by 22%, Colorado up 21%, and Minnesota up by 15%. Kansas experienced a significant reduction in hay production, the result of a 450,000 harvested acres decrease and a 9% decrease in yield. LMIC Hay Outlook
Click here to see more...