Hay is like any other commodity, price is a variable of local supply, local demand, and the price of transportation. This winter my business is off 50-60% from last year but it is steady with price steady to slightly lower.
The negatives for 2010... Dairy cow numbers. Record low milk prices sucked the life out of a lot of dairymen. What Im hearing is that as prices recover for milk and for cows that a lot are planning to get out. This will decrease hay consumption at the same time available hay supplies will increase. NEGATIVE FOR PRICE
Beef numbers should increase with increasing cattle prices in 2010. It may be slow and choppy but look for sometime into 2010-2012 people to start thinking about expanding. This will increase the market for lower quality round baled hay. NEUTRAL FOR PRICE as beef cows dont take a lot of high end hay.
Horse numbers... with the economy facing 10% unemployment for most of this year at least the pleasure horse market will remain under pressure. Last year the Kentucky foal crop was down 20% for commercial horse farms. I havent seen any increase in bookings this year. Several of the tracks have had a lot of trouble filling racing cards. The gaited horse business is under the same economic pressures though I am starting to see some signs of life with at least lookers. Declines in horse numbers and tighter recreational dollars NEGATIVE for PRICE.
I dont see many things positive for price or demand in 2010 in the hay business. Even a weather event wont help much. The other economy is too fragile and most areas will have carry over stocks. Right now I'm anticipating at least a carry forward of a thousand round bales and a thousand square bales. Assuming the rest of the winter stays wet I'll have enough water for first cutting and I figure Im not the only one. So... my prediction for 2010 is 20% decline in price based on current fuel and fertilizer prices.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: 1964 JD 2010 Dsl - Part 2 - by Jim Nielsen. Despite having to disassemble the majority of my John Deere 2010's diesel engine, I was still hopeful I could leave the engine-complete with crankshaft and camshaft-in the tractor. This would make the whole engine rebuild job much easier-and much less expensive! I soon found however, that the #4 conrod bearing had disintegrated, taking with it chunks of the crankshaft journal. As a resul
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
