May 1 hay stocks take a turn

ZISK
May 19
1 min read

For the first time since 2023, May 1 hay stocks declined. That’s according to USDA’s annual assessment of the collective U.S. haymow. The report pegged hay stocks just short of 23.3 million tons, which was down 0.8 million tons (3.3%) from 2025’s May 1 hay inventory.

Although the extent of the reduction isn’t terribly impressive, the break in the upward trend toward growing hay inventories is noteworthy. Between 2023 and 2025, May 1 hay stocks grew by nearly 9.8 million tons. This past December, year-over-year hay stocks had essentially remained stable.

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