Field Report

August 26, 2024

Forage and Turf Species Acreage Report

The current situation regarding forage and turf species acreage reveals a challenging landscape for growers and companies alike. While some new contracts have emerged, the overall trend indicates a decline in acres across most species. Companies are still navigating through their overstock, but there is a sense of optimism regarding planting in the upcoming spring and fall seasons.

Acreage Trends by Species

Recent assessments have shown that average fields are becoming increasingly scarce. The situation varies significantly among different species:

• Fine Fescues: Down by 10-20%.

• Irrigated Perennial Ryegrasses: Performance remains average.

• Dryland Perennial Ryegrasses: Witnessed a decline of 30% or more.

• Tall Fescue: Irrigated acres are about average, while dryland varieties have decreased by less than 10%.

• White Clover: Expected to decline, yet some growers report optimistic findings on wetter ground.

Concerns Over Drought Conditions

Looking ahead, there is growing concern regarding the potential impact of ongoing drought conditions. If these conditions persist into the fall, it could hinder greenup for dryland acres, leading to isolated stand failures. This possibility poses a significant risk for growers who rely on these crops for their livelihoods.

Market Movements

Despite the challenges, there is some positive movement in the market. Prices for last year's crop of lower quality lots, specifically Forage Tall Fescue and White Clover, are beginning to rise. This trend may provide some relief to growers and companies as they navigate through a difficult season.

In summary, while the current landscape for forage and turf species is marked by declines and challenges, there is cautious optimism for the future as companies prepare for the next planting seasons.