Export market driving up hay prices
March 27, 2014
(from Farm Journal)
“Exports are now a major player in the demand for hay,” says Daniel Putnam, a UC Cooperative Extension agronomist and faculty member at UC Davis. “The export market has made the hay crop more economically viable for farmers throughout the western U.S.”
The value of the U.S. export market for hay in 2012 was $1.22 billion, more than four times 1998’s $286 million, according to a paper published by Putnam; Daniel Sumner, director of the Agricultural Issues Center; and Bill Mathews, an AIC project scientist.
(Read the full article by Fran Howard published March 8, 2014, in the Farm Journal.)
• View a presentation made on hay exports and dynamics of a world hay market made at the 2013 Western Alfalfa and Forage Symposium.
• Additional information about the dramatic increase in hay exports from western states is reported on the UC Cooperative Extension Alfalfa and Forage News blog.
• Daniel Putnam, Department of Plant Sciences, UC Davis, 530-752-8982, [email protected]