In some parts of the country, such as the Southeast, horse owners have been feeding hay all year as a result of extreme drought conditions. Other states, like Texas, which typically raise a great deal of hay have had the opposite problem - too much water. This past year much of Texas has dealt with flooding, so growers have not been able to produce hay. Other states that have fared much better may be exporting hay to areas experiencing a shortfall, thereby driving hay prices up in their own state. Read on...