California Hay Report
Compared to last week: Prices traded mostly steady to firm in most areas.
Demand remained very good in all regions on active trading activity. The supply of hay in California is very tight. According to the U.S. drought monitor, all
of California is now depicted as being in severe drought (D2) or worse this week, with the D3/D4 areas remaining unchanged. Attention this week turns to the heat wave settling in, which will only serve to exacerbate and accelerate drought impact concerns across the state. Increases on water demand and the increased risk of fire will ramp up as the heat does.
All prices reported FOB at the stack or barn unless otherwise noted. Regions are defined at bottom of report.
Tons: 34,236 Last Week: 58,645 Last Year: 43,747
View all regions and prices of the California Weekly Hay-05-16-14 (.pdf)