They respond to individual questions and will come out to your property and visit with you about your land. An increased number of cattle were marketed, and prices were steady. Whatever the case may be, Corriher-Olson said hay producers should be ready to capitalize on appropriate management, whether that is applying fertilizer or monitoring and treating weeds and pests like fall armyworms. References omitted but are available upon request. THE LANE REAL ESTATE TEAM. Survey Methodology The 2020 Texas Agricultural Custom Rates Survey was developed to provide information regarding typical prices paid/charged for custom agricultural services or operations. Several things need to be considered when deciding what value to place on standing forage. To answer this question, we will calculate break-even values. Given that this is a small haying operation, with just 100 acres, the machinery complement is relatively low-cost (Table 1) and not all of it is completely dedicated to hay harvesting or hauling. Rangeland and pasture conditions remained good. OK, step 1 was easy, the tricky part is really knowing how much your land produces. 2020 USDA NASS Cash Rental Rate Survey Results Published - Texas We can relate how other grazers compare to an animal unit simply by looking at how much forage they require daily and prescribing them an Animal Unit Equivalent (AUE). Standing forage can be harvested in a number of different ways which need to be considered when pricing it. UNL web framework and quality assurance provided by the, Apply to the University of NebraskaLincoln, Give to the University of NebraskaLincoln, Institute of Agriculture and Natural Resources, Rural Economic and Community Vitality Certificate, Center for Ag Profitability Farm and Ranch Management Resources, Industrial Organization of the Agri-Food System, Estimating a Fair Value for Standing Forage. For example, if comparable hay is valued at $90 per ton, the value of the alternative forage standing in the field can be calculated as $56 per ton or $265 per acre using the following steps (see Figure 1). Heavy hay and protein feeding continued. Next, a partial budgeting approach is used to systematically compare hiring a custom operator versus harvesting the hay with your own equipment and to compute break-even hay yields and hay prices. Note: If we were fence in the 50 acres of open pasture our stocking rate for that pasture would be 1 animal unit/3.85 acres. Hay acreage and production continued to increase throughout the 1960s as a result of higher-producing varieties. AgriLife Extension's online Bookstore offers educational information and resources related to our many areas of expertise and programming; from agriculture, horticulture, and natural resources to nutrition, wellness for families and youth, and much more. contact: Vanessa Olson or Jason Banta at 903-834-6191. Though this quality analysis is still valuable, it may not be worth the effort. Quick Stats Lite provides a more structured approach to get commonly requested statistics from our online database. A unique education agency, the Texas A&M AgriLife Extension Service teaches Texans wherever they live, extending research-based knowledge to benefit their families and communities. AgriLife strongly recommends the Texas hay industryall buyers and sellersmarket hay based on weight rather than bale size. You can reach him here by emailing Michael@LandAssociation.org. This will depend on the species of forage youre growing and how much rainfall you get. Well, its funded by tax dollars so free is a relative term, but you get the drift. If the forage is to be harvested as silage, it is usually easiest to compare it to the value of standing corn since that value will determine the value of corn silage. This acreage supplies the total feed requirements of most of the state's large domestic livestock as well as forage for game animals. Its a challenging year, but indications point toward extremely good prices for next years calf crop, he said. Estimating stocking rate At 12% grain protein, a 40-bushel wheat crop removes ~40 lbs N per acre in the harvested grain. Results suggests that forage production AND livestock yield ($/acre) peak by taking half of the forage and leaving half of the forage. At that time alfalfa produced four tons of hay per acre and sold at $15 a ton. It is well adapted to the Oklahoma climate and soil types, which makes it relatively easy to maintain. He is dedicated to ensuring landowners have the resources, information, and platform they need to effectively accomplish their personal goals for their property. How many hay bales per acre? - Rainbow Run Farm Lets work through an example, then I show you how to get a specific number for your land. Farmers in the 1930s began bailing timothy, clover, small grains, and annual legumes. Evaluating these tradeoffs is best thought of as a linked decision for the buyer once the standing forage is purchased at the agreed upon price per acre. Now all of that information and MORE is available at your fingertips. Hay Production in Texas Topics: Business Development Business & Community Overview Forage and forage-based livestock production enterprises are big businesses in the U. S. and in Texas. Texas farmers paid more to rent pasture and crop land over the past year, according to a new rental rates report from the USDA. In the upper end of the reporting area soil moisture improved significantly over the past few weeks with 2-5 inches of rain reported in some areas. 28 - 30. In general, cropland rental rates are higher than hay and pasture land. Computing a Pasture Rental Rate | Ag Decision Maker Producers continued to prepare for spring planting, and some began planting corn. Forage harvested as haylage should be priced based on comparable hay prices adjusted for differences in dry matter content. You must have JavaScript enabled to enjoy a limited number of articles over the next 7 days. Hay accounts for most of the forage-crop production in the state. Do your best to account for areas with little to no grazing value and make sure theyre excluded from your grazeable acres so you dont over state your propertys forage production. 2021 Estimated Costs and Returns per Acre Coastal Bermudagrass Hay, Large Bales East Texas Extension District - 5 . Here, we will be using straight-line depreciation, which is appropriate for accounting and management purposes, calculated as follows: Annual Straight-Line Depreciation = (Current Market Value - Estimated Salvage Value) / (Remaining Years of Life). Alfalfa Hay: Yield per Harvested Acre by County (15 pages). An excellent resource for finding crop budgets for your area is the USDA-NRCS State Ag Econ Information Sources, which you can find via an internet search or at this shortcut (State agricultural economic information sources). Many counties were experiencing excessive amounts of rainfall. Enter Number of animals: * Enter number of days feeding hay: * Enter Average Bale Weight: * lbs. A custom charge of $18,000 is $4,220 more than the annual operating expenses, in which case it would be more profitable to harvest your own hay. Hay Culture, In order to calculate your variable costs (also known as operating costs), you will need to keep track of costs such as fuel, repairs, operating hours, labor hours and twine. Stocking Rates in Texas vary from 1 cow per acre on heavily managed pasture in the Eastern portion of the state to 1 cow per 150 acres (4 cows per section) in the Trans Pecos Region of the state. This is what we will allocate to our livestock. Some of those costs would remain or be allocated differently for equipment used in other operations. Get your copy of the 2022-2023 Texas Almanac today! For example, sorghum x sudangrass and pearl millet silages are usually 15 to 20% lower in energy than corn silage. Furthermore, it may be appropriate to adjust the price down by a risk factor of 10-20% because the buyer of the standing forage is assuming the risk of having low quality hay due to weather damage. 4.93 acres lot. Most producers completed fertilizer applications and were getting equipment ready to plant. Now that you know how much a cow eats and what an Animal Unit is, lets figure out how many Animal Units your land can support across a 1 year timeline. Forage production potential from a spring-planted oat crop will average 1,500 to 2,000 pounds of forage per acre. Overall rangeland and pasture conditions were improving in some areas and continued to decline in drier areas. Hay transactions based on weight are better. Hay stocks in southeastern states were also down except for North Carolina. The reduced management and overgrazing during the drought could cost producers this season, she said. By Jay Parsons, Daren Redfearn, Mary Drewnoski and Robert Tigner. Step 3 Run the calculation above with known animal unit consumption rates. In this example, we will ignore these relatively small fixed costs. This tool (available for download at farm.unl.edu/forage) was used to construct the examples that follow. Overstocking will ultimately reduce your propertys carrying capacity. 54303 N Thomas Rd, Benton City, WA 99320. That's 100# of N in the spring, and another 100# after each cutting. Oats, rye and wheat pastures should have plenty of soil moisture. However, the market price for hay includes harvest costs. If the forage is harvested as silage, then the price of corn silage can be used as a starting point and adjusted for differences in feeding value. Yield is estimated for the standing forage harvested as hay at 4.7 tons per acre and the average bale size is estimated at 1,300 pounds. To compute a rental rate based on forage value, estimate the expected pasture or hay production per acre and multiply by either 25 percent of the price of grass hay during the grazing season for pasture, or 35 percent of the price of hay for an established stand of hay. On sale now, while supplies last. Email: askusda@usda.gov Most of the district received 2-5 inches of snow. We are a community-supported, non-profit organization and we humbly ask for your support because the careful and accurate recording of our history has never been more important. Consistently removing foliage will reduce root vigor and can eventually leading to death of the plant. Delay in planting reduces yield potential and tiller development. Hay yields averaged nearly 1.95 tons per acre over the last decade but totaled 1.56 tons per acre in 2022. Hay Texas 06/29/23 United States hog inventory up slightly. Next, owner-operator costs are compared to typical custom charges, assuming the custom operator receives half the hay in payment for harvesting and hauling. A partial budget simplifies a budgeting analysis by only examining those cost and return factors that change. 08/11/23 USDA forecasts US corn up and soybean production down from 2022. We close with pricing considerations for forage harvested by grazing. The average U.S. dry hay yield (all types) dropped from 2.52 tons per acre in 2016 to 2.44 tons per acre in 2017. Theyll meet you on your property. Agricultural Exemptions in Texas | Lone Star Ag Credit How do I listen totheProgressive Cattlepodcast?Listen here. Cattle were in decent shape as ranchers have culled down to a manageable level. A yield of 12 tons per acre on a wet basis equates to a price of $268 per acre standing in the field. Special Tabulations and Restricted Microdata, 08/11/23 USDA forecasts US corn up and soybean production down from 2022, 07/25/23 USDA introduces geospatial data product to show crop rotation patterns, 07/21/23 United States cattle inventory down 3%, 06/30/23 Corn planted acreage up 6% from 2022, 06/29/23 United States hog inventory up slightly, 08/08/23 NASS to review small grain acreage information, 06/30/23 NASS Acreage report released on-time; Quickstats data delayed, 12/13/22 NASS to publish milk production data in updated data dissemination format, 11/28/22 USDA-NASS Crop Progress report delayed until Nov. 29, 10/28/22 NASS reinstates Cost of Pollination survey, 05/06/22 Respond Now to the 2022 Census of Agriculture, 08/05/20 The NASS Mission: We do it for you, 04/11/19 2017 Census of Agriculture Highlight Series Farms and Land in Farms, 04/11/19 2017 Census of Agriculture Highlight Series Economics, 04/11/19 2017 Census of Agriculture Highlight Series Demographics, 06/30/23 Acreage Grain Stocks Rice Stocks (June 2023), 06/29/23 Quarterly Hogs and Pigs (June 2023), Talking About NASS - A guide for partners and stakeholders, USDA and NASS Anti-Harassment Policy Statement, REE Reasonable Accommodations and Personal Assistance Services, Safeguarding America's Agricultural Statistics Report and Video, Agriculture Counts - The Founding and Evolution of the National Agricultural Statistics Service 1957-2007, Hours: 7:30 a.m. - 4:00 p.m. Eastern Time Monday - Friday, except federal holidays Toll-Free: (800) 727-9540, Hours: 9:00 a.m. - 5:30 p.m. Eastern Time Monday - Friday, except federal holidays Toll-Free: (833) One-USDA We must then multiply again by 50% to account for lost forage and trampling, referred to as utilization rate, which leaves us with 125,000lbs of Total Annual Available Forage. Some parts of this site work best with JavaScript enabled. The first step in this process is to determine how much forage your land produces. Hay Texas delivers coastal and alfalfa hay in square and round bales to customers in Parker and adjacent counties. Much like the NRCS, this agency is dedicated to helping landowners. Searching " [state name] farmland lease rates" online will also yield resources, including PDF versions of the NASS reports for your state and any state extension resources. ~ Providing Timely, Accurate and Useful Statistics in Service to U.S. Agriculture ~, County and District Geographic Boundaries, Crop Condition and Soil Moisture Analytics, Agricultural Statistics Board Corrections, USDA forecasts US corn up and soybean production down from 2022, USDA introduces geospatial data product to show crop rotation patterns, NASS to review small grain acreage information, NASS Acreage report released on-time; Quickstats data delayed, NASS to publish milk production data in updated data dissemination format, USDA-NASS Crop Progress report delayed until Nov. 29, NASS reinstates Cost of Pollination survey, Respond Now to the 2022 Census of Agriculture, 2017 Census of Agriculture Highlight Series Farms and Land in Farms, 2017 Census of Agriculture Highlight Series Economics, 2017 Census of Agriculture Highlight Series Demographics, Acreage Grain Stocks Rice Stocks (June 2023), NASS Climate Adaptation and Resilience Plan, Statement of Commitment to Scientific Integrity, USDA and NASS Civil Rights Policy Statement, Civil Rights Accountability Policy and Procedures, Contact information for NASS Civil Rights Office, International Conference on Agricultural Statistics, Agricultural Statistics: A Historical Timeline, As We Recall: The Growth of Agricultural Estimates, 1933-1961, Safeguarding America's Agricultural Statistics Report, Application Programming Interfaces (APIs), Seasonal Summary of Crop Progress and Condition/All Crops and All States, Economics, Statistics and Market Information System (ESMIS). Temperatures were cooler, and some scattered rains delivered trace amounts of rainfall up to 1.25 inches. Hay production for feeding livestock is a well-established agricultural practice. Pasture and rangeland conditions were fair to good overall. Alfalfa bales were stored or being loaded and hauled out. A unique education agency, the Texas A&M AgriLife Extension Service teaches Texans wherever they live, extending research-based knowledge to benefit their families and communities. Click here or on the image above to veiw it at full size in a new window. We follow with a few examples illustrating pricing calculations for forage mechanically harvested as hay, haylage, and silage. This equates to $17.77 per bale or an estimated harvesting cost of $27.33 per ton. Annual assessments would typically be in the range of 1.5 percent of average machinery investment. Ownership costs include depreciation, property taxes, housing, interest and insurance. Fertilizer prices have fallen some, but they remain relatively high, she said. By 1912 the Texas Haymakers Association had been organized, and according to commercial statistics of that year, 387,000 acres of hay were harvested at an average of 1.4 tons per acre, for a total value of $3,557,000. Others are based on bale size (large square, small square, round). Did you know there is a government agency dedicated to helping landowners like you with questions like this? How do I get my company listed in your Buyers Guide? This online course helps participants understand introductory farm and ranch concepts, business planning, and training programs. Early varieties of hay grown in the state were from some 300 types of wild grass or from alfalfa. In some markets, it may be cheaper to buy someone elses hay and use your own forage for additional grazing. Operating costs include labor, valued at $15 per hour, fuel, repairs, miscellaneous costs (including twine) and a $500 annual management charge. The cattle producer is assuming all grazing expenses and associated risk, more than normally associated with a rate charged per head per unit of time grazing. It is a downloadable spreadsheet (Spreadsheet ) that calculates herbicide cost per acre for a partial list of available products.This spreadsheet is intended to serve only as a guide for determining herbicide cost per acre and is not an indicator of product . Calculate Minimum Number of Bales Needed Corriher-Olson said supplies are the concern now, but that pasture management will determine the long-term production in pastures. https://www.tshaonline.org/handbook/entries/hay-culture. Livestock come in many shapes and sizes and include cattle, sheep, and goats. In Texas much agricultural land is devoted to forage-crop production. Using these assumptions, total annual machinery costs for this 100-acre hay operation are just over $20,000 or approximately $200 per acre. Seeded in timothy brome and very thick. Bales even of similar size, especially round bales, can vary by 20% in weight. Cattle producers expect good calf prices in the future but feeding cows until spring forages are ready to graze is the concern now. Areas received moisture in the form of rain and snow with some locations reporting up to 1.25 inches. Most cotton was ginned. A written agreement is highly recommended to minimize any misunderstandings in regards to grazing dates, residual forage cover desired throughout the grazing period, fencing responsibilities, water availability, animal care expectations, and liability concerns. The Quick Stats Database is the most comprehensive tool for accessing agricultural data published by NASS. If you are using a spreadsheet to calculate these numbers, it is easy enough to examine the sensitivity of your results to the underlying assumptions. Hale and Lubbock counties were the largest producers. USDA ERS - Farmland Value Jun 22, 2020 3 Determining hay and pasture yields isn't quite as simple as looking at the combine monitor for the number of bushels per acre. Producers were holding off on corn planting with the expected freeze in some areas. Cool-season forages were growing better in some areas. If the forage is to be harvested as hay, the market price for hay of comparable quality can be used as a basis. there is plenty of help out there to get you this number. Title: Texas A&M AgriLife Extension Service Author: Cornforth, Gerald C Subject: Version 01.02. . Texas A&M AgriLifes Soil, Water, and Forage Testing Lab, If a forage quality analysis is not available or feasible you can still get a visual estimate of, Here is a general guideline on the quality and nutritive value of forages in general.
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