After hitting a record high in June 2019, hay prices in Alberta have come down and there should be ample supplies in most of the province, the Beef Cattle Research Council said in a recent blog. However, prices in the north may stay strong because of limited supply and increasing demand.
“Northern producers may wish to explore low-cost alternatives to offset the higher price of hay, where southern producers may wish to balance their rations based on anticipated savings,” it said.
The research council has a winter feed cost comparison calculator for comparing alternative feed costs.
For more on regional feed trends and link to the calculator go to beefresearch.ca.