While we patiently wait for the 2024 hay season to begin, prices of 2023 hay are remaining low. Some producers are ready to take lower prices to make room, while others are banking on old contracts to help move hay.

Here’s Progressive Forage’s monthly look at factors impacting hay markets across the U.S.

Check out the February 2024 new product lineup.

Preliminary data shows 2023 hay production and inventories are up from a year ago.

Check out the first new product lineup of 2024.

The USDA announced Dec. 18 that agricultural producers can now enroll in the Farm Service Agency’s (FSA) Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) programs for the 2024 crop year.

Check out the December 2023 new product lineup.

Rolling into a new calendar year brings cooler temperatures and cooler prices for the hay market. With warmer temperatures across the north that have prolonged the grazing season and delayed the warmup of hay sales.