You may be right, but I think we'd need to wait for another report or two to be sure because the reddit post is arguing that this happened in the last few days and their statement

> Last week I posted about how hay buyers and sellers were frozen, waiting for each other to move first. Here's an update....

looks generally correct. On the 2025 CO hay report you can see that last year in this period, there were 22k tons sold. This year, there were 9750 tons sold. Last year[1], the week before (4/28/2025) there were only 400 tons reported sold.

Seems like there is an annual inflection point that causes prices to settle, and it wouldn't be in the report linked just yet. Meanwhile, if you do a news search for hay prices, you can see plenty of articles from different sources discussing how the drought is driving prices higher, so it appears to be at least a common discussion point.

[1] CO Hay 2025: https://esmis.nal.usda.gov/sites/default/release-files/r207t...