Hay isn't just for horses when it comes to the agricultural world. It feeds many livestock animals across the country and a lot of livestock owners are feeling the pinch of high hay prices.

Local horse boarding facility owner Theresa Fomradas relies on hay to keep her business going.theresaTheresa Fomradas

"There has definitely been a huge increase and it seems like it is very much province-wide and into the states as well," she explained.

It is currently $150- $200 per 1,200 pound round bale, which is up from the average price of $100 from last year.

"From what I understand from some of the producers that I talk to is that there is definitely a decrease in production. I think most of it was because of the drought conditions. It is definitely supply and demand, and they are not able to provide to their producers what they were last year so that that drives the price up."

Fomradas has boarders pay a boarding fee every month of which includes the price of hay but with the recent increase leaves her with the decision of increasing the boarding fee or taking a loss to her business.

"It is definitely going to impact my business. We have quite a few horses that we feed all year long. When you look at what you bring in to what you put out its definitely going to be a bit higher. It is hard to increase your monthly cost because it is affecting everybody," concluded Fomradas.

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