What's Standing Hay Worth?

What is standing hay worth in 2017?
5/18/2017

So how will your farm price standing hay 2017? Here is one approach:

Assuming four ton dry matter (DM)/acre for the entire year of dairy quality alfalfa hay worth $100 to $150/ton baled ($0.06 to $0.09/lb DM), half the value is credited to the owner for input costs (land, taxes, seed, chemical and fertilizer), and half the value is credited to the buyer for harvesting, field loss and weather risk. This formula will help determine pre-season maximum alfalfa dry matter yield potential…(0.10 x stems/ft2) + 0.38. Actual yield will likely be lower due environmental conditions and individual harvest / management practices. Wait until stems are at least 4-6 inches tall and count only stems upright enough to be cut by the mower. Using yield distribution based on recent multi-year UW-Extension field research in NE WI for a three cut (43% / 31% / 26%) or four cut (36% / 25% / 21% / 18%) harvest system, the following price range (rounded to the nearest $5) may offer a starting point for buyers and sellers to negotiate a sale of good to premium quality standing alfalfa in 2017.

Click here to see the table that shows the price from 1st crop to 4th crop.

 

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Tags: Silage