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Hay stocks get tighter

The USDA says the hay supply on May 1st was below year ago levels.

The total of 16.797 million tons was down 1.239 million tons on the year, due to lower production and while supplies did improve in some areas, those could be pulled dramatically lower later this year, especially in drought-stricken portions of the Plains, which would push prices higher.

Missouri, Nebraska, South Dakota, and Texas all had at least a million tons on hand at the start of the month.

Comparisons for Brownfield states:

Arkansas: 260,000 tons, compared to 240,000 a year ago

Illinois: 260,000 tons, compared to 270,000 a year ago

Indiana: 240,000 tons, compared to 150,000 a year ago

Iowa: 720,000 tons, compared to 430,000 a year ago

Kansas: 670,000 tons, compared to 910,000 a year ago

Michigan: 270,000 tons, compared to 190,000 a year ago

Minnesota: 330,000 tons, compared to 400,000 a year ago

Missouri: 1.1 million tons, compared to 1 million a year ago

Nebraska: 1.25 million tons, compared to 1 million a year ago

Ohio: 360,000 tons, compared to 210,000 a year ago

South Dakota: 1.09 million tons, compared to 2.2 million a year ago

Tennessee: 530,000 tons, compared to 570,000 a year ago

Wisconsin: 630,000 tons, compared to 570,000 a year ago

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