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Horse & Hound reports that low spring and summer rainfall reduced grass growth, leaving this year's hay with lower crude protein and higher lignin. Feeding experts advise owners of underweight horses to plan their winter forage carefully.
Lower-quality hay raises the need for supplementary feed for horses in the UK. The effect on wider feed prices is small.
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.