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Tighter Hay Supplies, Higher Prices Expected for 2022

Posted September 3, 2021
in Top Ag News

Drought conditions, combined with smaller yields and fewer acres mean producers can expect continued tight supplies when it comes to hay and alfalfa. Significant alfalfa production declines in North Dakota, Montana and Washington total 3.2 million tons, or a loss of 35%. Lower production coupled with higher demand due to increased supplemental feeding mean hay prices are expected to remain in the high $140s per ton over the next couple of years. Read more on the hay and alfala outlook for 2022.

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