The USDA says U.S. hay stocks are above a year ago.
On May 1st, 2024, the domestic hay supply was 21.01 million tons, up 6.677 million on the year because of recent improvements in pasture conditions in some areas lowering demand.
Hay supply and demand, and hay prices, are highly regional and can vary widely even within those regions.
The USDA’s 2024 harvested hay area update is out at the end of June.