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Western - Grass Hay2023
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Estimated Production Costs & Returns
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GROSS RECIPTS FROM PRODUCTION
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GROSS RECIPTS UNITPRICE YIELD
PER ACRE
PER TON
YOUR FARM
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Grass Hayton$236.00 1.75$413 $236.00
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Other
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Total Receipts$413 $0
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DIRECT COSTS
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UNITCOST PER UNITQUANTITY PER ACRE PER TON YOUR FARM
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OPERATING PREHARVEST
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Fertilizer lbs 0.51 150 76.50 43.71
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Custom Applicationacre 12.00 1 12.00 6.86
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Herbicidedollars 45.69 2 91.38 52.22
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Custom Applicationacre 12.00 2 24.00 13.71
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Interest Expense (6 months @ 10%)
dollars 10.19 1 10.19 5.83
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Total Pre-Harvest Expenses
$214.07 $122.33 $0.00
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HARVEST COSTS
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Swath acre 16.00 2 32.00 18.29
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Rake acre 10.00 2 20.00 11.43
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Bale (rounds)bale 12.00 2.92 35.00 20.00
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Haulingbale 5.00 2.92 14.58 8.33
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Total Harvest Costs$101.58 $58.05 $0.00
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Total Operating Costs
$315.66 $180.38 $0.00
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PROPERTY & OWNERSHIP COSTS
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General Farm Overhead
dollars 12.42 1 12.42 7.10
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Machinery Ownership Costs
dollars 66.88 1 66.88 38.22
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Real Estate Taxesdollars 21.47 1 21.47 12.27
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Total Property & Ownership Costs
$100.77 $57.58 $0.00
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TOTAL DIRECT COSTS
$416.43 $237.96 $0.00
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NET RECEIPTS BEFORE FACTOR PAYMENTS
($3.43)($1.96)$0.00
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FACTOR PAYMENTS
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Land ($6,500 @ 3.7%)
 240.50 137.43
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RETURN TO MANAGEMENT & RISK
($243.93)($139.39)$0.00
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BREAKEVEN ANALYSIS - PER ACRE RETURNS OVER TOTAL DIRECT COSTS ($/ACRE)
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ALTERNATIVE PRICES ($/ton)
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-25%-10%10%25%
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ALTERNATIVE YIELDS$177.00 $212.40 $236.00 $259.60 $295.00
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-25%1.3 ($184.11)($137.65)($106.68)($75.70)($29.24)
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-10%1.6 ($137.65)($81.90)($44.73)($7.56)$48.20
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TONS PER ACRE
1.8 ($106.68)($44.73)($3.43)$37.87 $99.82
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10%1.9 ($75.70)($7.56)$37.87 $83.30 $151.45
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25%2.2 ($29.24)$48.20 $99.82 $151.45 $228.89
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