|First Posted May 7, 2008|
Jul 25, 2010
Hay Acres Will Be Down
Released April 21, 2008
ST. PAUL, Minn. - The United States Department of Agriculture (USDA) has released several crop reports that indicate the number of hay acres will be down in 2008. The USDA also reported that the existing hay supply is lower than previous years. This information, combined with higher input costs (fuel, fertilizer, land rent) and higher grain prices (corn, soybean, wheat), will likely lead to increased hay prices.
Through the fall of 2007 to the spring of 2008, the Sauk Center Quality Tested Hay Auction recorded record hay prices. Average hay prices were $100 a ton higher in 2007-2008 than the previous five-year average.
To prepare for higher prices, horse owners should:
Finally, try to keep your hay type (like grass or alfalfa) consistent. Constantly changing hay types can lead to horse health problems, specifically colic.