An Economic Analysis of Grazing, Haying and Cropping Marginal Highly Erodible Crop Land in Southcentral North Dakota


Haying Marginal Highly Erodible Land

The yields on the 90 acres that were hayed were slightly below average. Table 6 shows the averages of the nine years of the study. If the yields of 1992 are not considered (the first year when much of the yield was the result of past years’ production) then the average yield is 1.8 tons/acre while the yield for 2000 was only slightly lower at 1.76 tons/acre. The hay was valued at $25.00/ton down from 1999 due to the abundance of hay in the area. Results of this study show that the haying portion of the study lost $7.65 per acre in 2000.

Table 6. Costs and Returns for CRP Hay
Average
1992-98
1999 2000 9-YR.
Average

Acres of Hay 90 90 90 90
Avg. Bale Wt. (Lbs.) 1363 1580 1536 1406
No. of Bales 238 232 206 233
Land Costs/Acre $26.94 $27.35 $27.30 $27.02
Mowing/Acre $5.06 $7.44 $7.44 $5.59
Baling/Bale $5.09 $5.39 $5.39 $5.16
Stacking-Hauling/Acre $5.22 $5.09 $4.52 $5.12
Total Costs $4,544.77 $4,838.93 $4,643.94 $4,588.48
Costs/Acre $50.50 $53.77 $51.60 $50.98
CRP Hay Value/T. $32.57 $30.00 $25.00 $31.44
Gross Returns $4,908.61 $5,498.40 $3,955.20 $4,868.21
Net Return/A. $4.04 $7.33 -$7.65 $3.11

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