The USDA prospective plantings report suggests increasing hay acres, up 0.5 percent or 251,000 acres. Some regions of the U.S. face fewer acres combined with already low hay inventory. On the west coast, California is projected to lose another 60,000 acre year-over-year. The state was already 440,000 tons below the five-year average inventory. If the USDA projections come to fruition, hay supplies in California will tighten further. In the Midwest, harvested acres are forecast to increase in Minnesota while neighboring Wisconsin, North Dakota and South Dakota will harvest significantly fewer acres. Texas is forecast to add an additional 260,000 acres year over year as hay inventory tumbled from 10 million tons to just 4.9 million tons.
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