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Buying Hay vs. Growing Hay
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<blockquote data-quote="Craig-TX" data-source="post: 34420" data-attributes="member: 39"><p>Hay (straw) used to be a byproduct for the most part. These days it's evolved into a cash crop for some beef producers, a pure expense for others and a sub-contracted activity for most. The costs of land, equipment, fuel and fertilizer have brought raising hay to the point where it has a lot more to do with farming than it does with ranching, at least from the economy of scale perspective. In some operations there comes a point where it is just about a break-even proposition to not even put up any hay – raised or bought – and just cut back on the grazing burden. In areas with consistent snow cover during the winter it's not a viable option. But in the south and southwest, simply reducing headcount and grazing year-round can make sense in some cases. There are probably a dozen factors to consider, not the least of which is time – how much you have, what it's worth, and the ROI when you spend it making hay. Just something to think about.</p><p></p><p>Craig-TX</p></blockquote><p></p>
[QUOTE="Craig-TX, post: 34420, member: 39"] Hay (straw) used to be a byproduct for the most part. These days it's evolved into a cash crop for some beef producers, a pure expense for others and a sub-contracted activity for most. The costs of land, equipment, fuel and fertilizer have brought raising hay to the point where it has a lot more to do with farming than it does with ranching, at least from the economy of scale perspective. In some operations there comes a point where it is just about a break-even proposition to not even put up any hay – raised or bought – and just cut back on the grazing burden. In areas with consistent snow cover during the winter it’s not a viable option. But in the south and southwest, simply reducing headcount and grazing year-round can make sense in some cases. There are probably a dozen factors to consider, not the least of which is time – how much you have, what it’s worth, and the ROI when you spend it making hay. Just something to think about. Craig-TX [/QUOTE]
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Buying Hay vs. Growing Hay
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