Wednesday, January 18, 2012

Hay Prices hit Record levels

Meridian--Idaho hay prices have reached last years peak prices, and are expected to stay above the two-hundred dollar mark according to market experts.

Idaho Hay and Forage Association Director Rick Waitley says that prices are at an all-time high, with average prices leveling out at $240 to $260 a ton.

Market experts say increased demands from feedlots and dairies combined with higher, out-of-state demand and good spring cuts in 2011. Growers say if they can get a good first cut this spring, prices could stay at record levels through the summer because market demand is strong.

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