Hay: How to Determine Cost of ProductionHay: How to Determine Cost of Production
Most hay producers want to produce hay as profitably as possible.
September 27, 2010
Most hay producers want to produce hay as profitably as possible. Establishing economic goals is the first step toward profitability. Once goals are established, farmers benefit by developing a management mindset that is centered on a business approach. This requires understanding the costs of time, effort and inputs needed to produce and market the product. Following is an example of how to calculate hay production costs in the south-central Oklahoma, north-central Texas region.
Hay production costs can be reported on a dollar/ton basis; however, this measure can easily be converted to a dollar/bale basis once the size of the bale is known.
To read the entire article, link here.
An article of interest you might want to check out on this topic is titled Hay Storage Analyzer.
You May Also Like
The dollars and sense of sustainabilityFeb 18, 2023
Current Conditions for
New York, NY
Enter a zip code to see the weather conditions for a different location.
No surprises in ‘Cattle on Feed’Sep 25, 2023
FTC, Department of Labor partnering on worker protectionSep 25, 2023
Farm Action: Why We FightSep 19, 2023
Farm Progress America, September 25, 2023Sep 25, 2023