The May USDA Crop Production report included hay stocks for the beginning of the hay crop year, May 1. Total U.S. hay stocks were down 6.9 percent year over year and are 15.1 percent below the 2012-2021 average. This follows a nearly 12 percent decline in May 1 stocks last year and a December 1 stock level that was down six percent year over year. The ongoing drought continues to squeeze available hay supplies and widespread drought this year is a severe threat to 2022 hay (and range/pasture) production.
May 1 hay stocks…
