No Hay for Horses
Hey, what do you know about hay?
Are you taking the hay your horse eats for granted?
Hay is the third most valuable crop in the United States, with a market value of $11 billion.
Depending on the region, 2012 hay prices jumped by two to five times over their 2011 levels.
Unlike soybeans, corn and a range of fruit crops, there are no subsidies or guarantees for growing hay.
The U.S. Forest Service reports that about 6,000 acres of farmland and open space are lost each day, devoured by strip malls and McMansions.
As prices for feed grains continue to rise, farmers are switching fields from hay production to other crops such as corn, reducing the available supply of hay.
Where will your horse’s hay come from tomorrow?