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    Hay Price Outlook

    The current outlook for horse hay supplies and prices in 2014 is more optimistic than last years due to: increasing hay acres in production and good spring rains in many areas, which should boost production.  As always, local growing conditions will have a big impact on what you will have to pay for hay.  It is always best to estimate your total annual hay needs early and contract to fill your needs during the production season.

    Expert Advice

    John CohanJohn Cohan

    Attorney at Law 

    Admin
    Wednesday
    Apr132016

    2016 hay prices are running 10 percent below last year

    Stable owners are enjoying lower hay prices thus far in 2016 that are significantly lower than a year earlier, according to USDA information.

    Last week’s USDA Agricultural Prices report showed the February all-hay price at $136 per ton, $1 per ton less than the January average price and $17 lower than one year ago. February alfalfa hay prices dropped by $5 per ton from January to $142 per ton, which was $25 per ton less than one year ago.

    The largest month-to-month alfalfa hay price drops occurred in Idaho (minus $20), Ohio (minus $20), Oregon (minus $20), Wisconsin (minus $20), Oklahoma (minus $19), Iowa (minus $15) and Michigan (minus $15). No state recorded a price increase of more than $9 per ton (New York). Data for individual states is presented in the table below.

    The USDA price averages account for all qualities of hay sold, and the final U.S. estimate is a volume-weighted average rather than a simple average of state values. Those states with the most volume sales will impact the final U.S. dollar value more than those states with fewer sales.


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