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<blockquote data-quote="bandit80" data-source="post: 563943" data-attributes="member: 7956"><p>Sharpen your pencil!!! Only you can truly estimate what is the most profitable for your operation. </p><p></p><p>If your 75 acres of ground produce 4 tons of hay per year, at $75/ton, thats $22,500 before expenses. If you sell 15 calves every year at $550/hd, thats $8,250 before expenses. Sounds like a no brainer, but what are your expenses to grow and sell quality hay. You need to know how much fertilizer you will put on every year, lime, etc. How much will fertilizer cost next year? How much will fuel cost next year?? Is the ground you currently hay in jeapordy of being lost? If not, maybe you could rent some additional hay ground and have both. Hay to sell and cows to watch after. </p><p></p><p>In my area, hay used to be cheap. That is not the case now. It is almost more profitable to sell the hay rather than feed cows. Makes me question myself every now and then. In other areas, however, there is alot of hay, and it is very cheap. </p><p></p><p>It all boils down to your expected revenues, less your expenses for both operations. Then, whichever route you choose, hope your projections are close to reality. Good luck.</p></blockquote><p></p>
[QUOTE="bandit80, post: 563943, member: 7956"] Sharpen your pencil!!! Only you can truly estimate what is the most profitable for your operation. If your 75 acres of ground produce 4 tons of hay per year, at $75/ton, thats $22,500 before expenses. If you sell 15 calves every year at $550/hd, thats $8,250 before expenses. Sounds like a no brainer, but what are your expenses to grow and sell quality hay. You need to know how much fertilizer you will put on every year, lime, etc. How much will fertilizer cost next year? How much will fuel cost next year?? Is the ground you currently hay in jeapordy of being lost? If not, maybe you could rent some additional hay ground and have both. Hay to sell and cows to watch after. In my area, hay used to be cheap. That is not the case now. It is almost more profitable to sell the hay rather than feed cows. Makes me question myself every now and then. In other areas, however, there is alot of hay, and it is very cheap. It all boils down to your expected revenues, less your expenses for both operations. Then, whichever route you choose, hope your projections are close to reality. Good luck. [/QUOTE]
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