
Kansas hay prices rose in some areas as supplies remained tight ahead of the first freeze. Feedlots showed mixed usage, with some reducing alfalfa use and incorporating failed corn and milo into rations; demand for alfalfa pellets remained strong.
Limited hay availability and harvest pressure support alfalfa prices, while ration substitution with failed corn and milo can temper feedlot demand for alfalfa.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.