
Drought across the Great Plains is tightening forage supplies, and corn stover is selling for roughly half the price of good hay or alfalfa. Baling stover can lower feed costs, but removes nutrients from fields and reduces residue cover that helps limit erosion.
Cheaper stover can substitute for hay in livestock rations, potentially easing demand for hay, while drought-related forage tightness supports hay prices. Nutrient replacement and erosion risks may limit how much residue producers remove.
Not enough comparable past events yet for a historical read.
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