Hay Situation in The Western U.S.

Seth Hoyt, The Hoyt Report

Retail

Outlook for 2016

Alfalfa Hay Acres Down in the West in 2016

• Growers looking for crop options –  Some areas have few options

•  CA could be down the most of any Western State – Central & Northern Valley - almonds

& Pistachios

Hay Exports • More alfalfa hay to China? • UAE – Confusing •  Japan and Korea – Mature markets

that may see lower exports in 2016 •  Saudi Arabia – Increases from

integrated Saudi Companies

Outlook for Alfalfa Hay Demand and Prices Hard

to Predict

--Dairies feeding less alfalfa hay and

many carrying large inventories of hay make it impossible to predict demand

--Supreme/Fair quality Spread Could Stay Wide -Large supplies of feeder hay

A trend to Watch More shipments of alfalfa hay from outside CA to meet hay demand for 1.75 million dairy

cows

Have a Wonderful Holiday Season

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