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Hay prices growing as drought continues

Published on -8/26/2013, 8:11 AM

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DENVER (AP) -- Ranchers won't be getting a break on hay prices despite recent rains.

The U.S. Department of Agriculture says prices have increased about 54 percent in the last five years, from $6.50 a bale to $10 a bale.

According to the Denver Post (http://tinyurl.com/n8cllsn ), demand from states such as Texas and Oklahoma is pushing hay prices up because ranchers in those states are buying up Colorado supplies at a premium.

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