Should livestock farmers buy a surplus of hay for next year?
This year, due to good spring moisture, hay harvest was often delayed. This increased plant maturity and lowered nutrient content. (NDSU photo)
Most of North Dakota received good moisture over the growing season, producing ample hay availability. As a result, the hay market has slowed and prices have dropped, indicating a buyer’s market. This has some livestock growers speculating whether they should purchase hay now to create a carry-over surplus as a forage insurance policy if forage supplies are tight in 2025. Considering moisture cond…