My part of the country had a hay shortage last year, I know this is not new for other areas. For a couple of months I was paying $180 to $200 per ton for cow hay, usally it runs about $60 per ton. I was lucky enough to have already put about 17 ton in the barn at $60 per ton for this year, but have room for about 4 more ton. Everyone is haying like crazy here, but not one ad in our local paper. I called some of my past suppliers and they all said the same thing; last year they got almost $200 per ton and they're not going to sell any until this winter when people start running short and start to panic.
Tough position to be in, I'm trying to figure out what I would do in their shoes. What happens if the hay shortage isn't as bad this year, do they get stuck with 2 year old hay and not hay next year? As a guy who doesn't produce my own hay, I hope they get stuck with the hay, just irritates me a bit. Maybe some of you guys to that have been through this already or produce local hay can tell me your thoughts and what this cycle (hopfully a cycle) will do in the next couple of years.
Thanks,
Alan
Tough position to be in, I'm trying to figure out what I would do in their shoes. What happens if the hay shortage isn't as bad this year, do they get stuck with 2 year old hay and not hay next year? As a guy who doesn't produce my own hay, I hope they get stuck with the hay, just irritates me a bit. Maybe some of you guys to that have been through this already or produce local hay can tell me your thoughts and what this cycle (hopfully a cycle) will do in the next couple of years.
Thanks,
Alan