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I'm buying a new hay farm, good idea?
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<blockquote data-quote="bigbull338" data-source="post: 818435" data-attributes="member: 1697"><p>whoa you cant spead the $90,000 equipment cost over 400 bales that the bought hay meadow will make.you have to spead it over all your hayland.plus you also forgot that hiring 400 bales baled will cost you $8000 to $10,000 a year.so equipment pay off on 60acs is 9yrs.you also forgot to add in the cost of the standing grass wich is $6 a bale plus your moving an stacking the hay at $5 a bale.so using your figures your breakeven cost would be $41 a bale.an to make a profit youd have to sale hay for $50 a bale.wich means the place would make $3600 a yr.</p></blockquote><p></p>
[QUOTE="bigbull338, post: 818435, member: 1697"] whoa you cant spead the $90,000 equipment cost over 400 bales that the bought hay meadow will make.you have to spead it over all your hayland.plus you also forgot that hiring 400 bales baled will cost you $8000 to $10,000 a year.so equipment pay off on 60acs is 9yrs.you also forgot to add in the cost of the standing grass wich is $6 a bale plus your moving an stacking the hay at $5 a bale.so using your figures your breakeven cost would be $41 a bale.an to make a profit youd have to sale hay for $50 a bale.wich means the place would make $3600 a yr. [/QUOTE]
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I'm buying a new hay farm, good idea?
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