Compared to the last report, prices have remained steady to firm, on a limited test, but the true market price has not seemed to find its feet quite yet. Supply and demand are moderate, while hay movement is moderate to good as most producers have reported lower yields. Many are looking to buy hay now to ensure they have their needs covered, especially as the hottest and driest months lay ahead. According to the U.S. Drought Monitor for June 28th, heavy rain in central and south-central Kansas alleviated precipitation deficits and increased soil moisture and streamflow, such that drought conditions retreated to the west. Abnormally dry conditions (D0) decreased to 12%, moderate drought (D1) decreased to near 16%, severe drought (D2) remained near 13%, extreme drought (D3) remained near 15%, and exceptional drought (D4) remained at 1%. FULL REPORT
HERE IS YOUR KANSAS HAY MARKET REPORT FOR THE WEEK ENDING JULY 2ND
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