Episode 170. Crop Market Outlook with Dr. Tian

other major part of a ration, of course, is forage.

And alfalfa and hay exports have traditionally affected hay price.

What are you seeing in that arena? Are we going to see China stop picking up again and putting more hay into shipping containers? Or is that really, because they were the major buyer for

us? To be honest, I don't know.

I'm not very familiar with the hay market.

Okay.

There wasn't meant to be a trap question.

It's just I'm really interested in what this export market from the grain side to the meal side and hay.

I can't believe we can buy good hay at the prices we are seeing right now.

We did see about a $15 to $20 uptick this past week, but part of that was Guys before had good weather.

They didn't go to the market.

This past week, everybody was there to buy.

Okay.

I take some notes.

I mean, I can do some research in the future.

Yeah.

Yeah,

and this might be a question for Gail.

Nutrition-wise, as Dr. Tian mentioned just the cost inflation with corn and soybeans.

How does that play into alternative products that dairy producers are buying or how they're locking in prices for some of those feeds? Do you have any insights onto that Gail?

Well, I would say corn silage is always going to be the cornerstone of your ration.

And especially when we have commodity prices that are variable or going high, I think, you know, making sure this is, Maybe a little late for some folks and maybe right on time for others, but just making sure that we really have our corn silage management under control.

Being able to build a ration with byproduct feeds on a base of a solid corn silage harvest is a lot easier.

If we have been able to reduce spoilage, we've packed that corn silage right.

Um, we're not having to throw out a lot of wasting a lot because, you know, we were getting molds, um, that we got to toss.

other major part of a ration, of course, is forage.

And alfalfa and hay exports have traditionally affected hay price.

What are you seeing in that arena? Are we going to see China stop picking up again and putting more hay into shipping containers? Or is that really, because they were the major buyer for

us? To be honest, I don't know.

I'm not very familiar with the hay market.

Okay.

There wasn't meant to be a trap question.

It's just I'm really interested in what this export market from the grain side to the meal side and hay.

I can't believe we can buy good hay at the prices we are seeing right now.

We did see about a $15 to $20 uptick this past week, but part of that was Guys before had good weather.

They didn't go to the market.

This past week, everybody was there to buy.

Okay.

I take some notes.

I mean, I can do some research in the future.

Yeah.

Yeah,

and this might be a question for Gail.

Nutrition-wise, as Dr. Tian mentioned just the cost inflation with corn and soybeans.

How does that play into alternative products that dairy producers are buying or how they're locking in prices for some of those feeds? Do you have any insights onto that Gail?

Well, I would say corn silage is always going to be the cornerstone of your ration.

And especially when we have commodity prices that are variable or going high, I think, you know, making sure this is, Maybe a little late for some folks and maybe right on time for others, but just making sure that we really have our corn silage management under control.

Being able to build a ration with byproduct feeds on a base of a solid corn silage harvest is a lot easier.

If we have been able to reduce spoilage, we've packed that corn silage right.

Um, we're not having to throw out a lot of wasting a lot because, you know, we were getting molds, um, that we got to toss.