Our hay business is located in the Midwest and as most know, we have had an unusually mild winter, at least up to this date. Our hay sales have been really down and especially with our small squares. I have had customers come and get a few bales and then tell me that they are putting their animals back on the pastures. I don't see how that is going to be good on those pastures come spring and into summer. If we have a drought, as some forecasters are predicting, they are going to be crying for hay sooner than later. Other producers are also stating that their sales are flat. The big question we have is, where are they getting their hay? Are the buyers feeding alternative feeds for their animals? Did a lot of folks just get rid of their livestock? Its almost like a mystery--the case of the missing hay buyer. The hay auctions and craigslist also reflect this downward trend in hay prices as well. I am sure some producers may just throw in the towel this year because there isn't much profit in hay these days. Perhaps this is a trend in the Midwest and not other places. Inquiring minds want to know....
The Case of the Missing Hay Buyer
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