Drought, demand for ethanol responsible for high hay prices

By: The Associated Press
By: The Associated Press

Hay prices have increased this year because of summer's hot, dry weather and an increased demand for ethanol.

Corn prices have increased as demand rises for ethanol production, so some farmers are turning to hay instead of corn to feed their livestock. Agriculture officials say that means an increased demand for hay, which is already in short supply because of this summer's drought in parts of the country.

Matthew Chapman, who runs Chapman Brothers Custom Baling in Henry County, says his hay prices have at least doubled this year. He says his supply is so low that he'll probably be sold out by the end of October.

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