How a Vibecoded Newsletter Is Making the Hay Market More Transparent
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What is the main topic discussed in this episode?
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Hello and welcome to another episode of the OddLots Podcast. I'm Traci Allaway.
And I'm Joe Wiesenthal.
Joe, I was lurking on the Homestead subreddit recently, as one does.
As Traci Allaway does.
There have been a number of posts recently about hay prices and hay getting more expensive. And the craziest thing is there's one guy, one poster who keeps talking about hay prices. And on one of his posts, someone came in and said they commented, you should go on all bots.
Oh.
How does HayWire aim to improve transparency in the hay market?
I love episodes that come about that way. All right, can I make a little confession here? Please. I've done no prep for this episode. I mean, you know, I'm often not as diligent as you are, but I was just like, you know what? I know that hay exists. I've seen it in bales. I figure something is dried. I know it's consumed. I have done no research.
You know a little bit.
I've just decided, yeah.
You know a little bit about hay, though, because we spoke with that. Was it New Mexico or Arizona now? I can't remember. The farmer growing alfalfa.
Yeah. It's like fermented, right? Isn't hay sort of fermented and dried or something?
Yeah, something like that. I mean, I guess- But one of the reasons it's good to grow hay in the desert is because you don't have to worry about it getting wet in the drying process.
Yeah. Oh, right. We did learn that.
All right. So that's the one hay fact that we all know. So we're going to be talking about hay prices today. Great. I can't wait. But beyond that, I find the hay market really interesting because-
No, seriously. I believe you. I believe you.
There aren't that many markets out there nowadays that are like non-transparent, I want to say.
Do we have any hay indices on the terminal?
There's a PPI index. Oh, it is? Yeah. Okay. So you can look up like alfalfa hay PPI.
So how's that been looking? I assume, I mean, everything is up. I just like, if you name something that exists in the world, it's probably up. But what is U.S. hayseeds? Yeah. Well, no, I don't know. Is this even up to date? I can't even find one.
I don't know. But this is what I mean. It is not a transparent market. It's very fractured by type of hay. So I didn't realize this, but there's like Timothy, there's alfalfa, there's supreme hay.
So I'm just going to say, like I said, I haven't done any, I don't know anything about hay. I decided I would just learn it all on the fly. But I also, I did do a little bit of research about our upcoming guest who you identified.
The guy posting on Reddit.
The guy posting. And I have said this, his business is very cool.
What data sources does HayWire utilize for its newsletter?
And we'll talk about it. But I just want to say the business that he has built in terms of becoming the man who knows about hay is advice I've given to young journalists who have asked me for a career. I've literally said this. And I'm going to drop some alpha. No. Alpha, alpha? I'm going to drop some alpha, alpha, alpha here. But now it'll be commoditized by the time I say it. I've always thought that one way you could build a business as a young journalist or someone is find...
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–1:56
2
How does HayWire aim to improve transparency in the hay market?
1:56–3:59
3
What data sources does HayWire utilize for its newsletter?
3:59–7:41
4
How does AI enhance the data collection process for HayWire?
7:41–12:01
5
What challenges does HayWire face in the hay market?
12:01–16:19
6
How do regional factors affect hay pricing?
16:19–21:56
7
What impact do rising hay prices have on horse ownership?
21:56–27:35
8
What future developments are planned for HayWire?
27:35–43:52
Speakers
3 identifiedMore from Odd Lots
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