Start Date
10-30-2012 10:00 AM
Description
Whenever I discuss the economics of grazing, I like to start by thinking about hay production costs. Regardless of which species we are talking about, a livestock producer should know what his / her most expensive feeding days are. In most cases, these will be winter feeding days, and that will generally consist of feeding either purchased or home-grown hay. So, I encourage producers to start by getting a solid feel for what their daily winter feeding costs are. For the purposes of this article, I am going to present some specific estimates for winter feeding costs, and other items, but readers should understand that all these things are very “operation-specific” and it is always best to work through estimates using actual production costs.
Included in
The Cost of Pasture versus Hay
Whenever I discuss the economics of grazing, I like to start by thinking about hay production costs. Regardless of which species we are talking about, a livestock producer should know what his / her most expensive feeding days are. In most cases, these will be winter feeding days, and that will generally consist of feeding either purchased or home-grown hay. So, I encourage producers to start by getting a solid feel for what their daily winter feeding costs are. For the purposes of this article, I am going to present some specific estimates for winter feeding costs, and other items, but readers should understand that all these things are very “operation-specific” and it is always best to work through estimates using actual production costs.