
Pasture mealybug and dry conditions reduced hay production in parts of Texas, while areas that received rain had better results. Extension experts said some affected producers may rely on hay carried over from last year, and fall armyworms have also been affecting pastures.
Lower hay and forage availability can increase the need for stored feed and raise feeding costs for livestock producers in affected areas. The article gives no quantified supply loss or direct price change for a listed commodity.
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Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.