MarketsFarm — While rain across the Prairies has eased concerns of an all-out drought, worries of a hay shortage going into winter haven’t ceased. Darren Chapman, a Virden, Man. producer and chair of the Manitoba Forage and Grassland Association (MFGA), explained that regrowth following the first cut of hay has been strong. First-cut hay crops […] Read more
Prairie hay shortage on horizon
Hay prices skyrocket as Prairie drought continues
MarketsFarm — Hay prices have continued to skyrocket across the Prairies as conditions remain dry enough that many hay growers won’t produce a first cut this spring. “We’ve had a tough start here,” said Darren Chapman, chair of the Manitoba Forage and Grassland Association. “We had a cold, dry spring with frost, so first cut […] Read more
Hay producers see increased competition, lower prices
CNS Canada — Canada’s export hay prices have come down from summer highs and now sit at less than half their previous levels, but despite competition from other growing regions, a weak loonie is helping Canadian producers. South Africa, Eastern Europe and Argentina have increased their alfalfa production, said Edward J. Shaw, director of market […] Read more
Hay prices stabilize in Sask., Man.
CNS Canada –– Timely rains have drastically improved the forage crop outlooks for Saskatchewan and Manitoba, while also putting prices back into their normal ranges. “Skyrocketing hay prices have stabilized… supplies are good,” said Terry Kowalchuk, a provincial forage crop specialist in Regina. Prices are mostly back down into the $80-$100 per tonne range, he […] Read more
Hay-sourcing group riding to the rescue of those in need
Cindy Wilinski wanted to help so she harnessed the power of Facebook to source affordable hay for livestock owners hit hard by drought
Reading Time: 2 minutes Fed up with high hay prices and concerned about the lack of affordable hay, Cindy Wilinski decided to take matters into her own hands. Last month, the owner of CRW Equines set up a Facebook page called Hay List 2015 to connect hay buyers with hay sellers. “I was trying to group people together because […] Read more
Estimating the value of a standing hay crop
Buyer and seller can make a two-part agreement, with final payment made after harvest
Reading Time: 3 minutes “The month of July is usually the most difficult time of year to determine hay prices,” says Ted Nibourg, farm business management specialist, Ag-Info Centre, Stettler. “Yields and quality are uncertain and demand is an unknown factor. July of 2014 is no exception.” Last summer’s hay production was variable in quality, says Nibourg. “Two long […] Read more
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