Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See Missouri Forage Budgets (XLSX) for related information.

Ryan Milhollin
Assistant Extension Professor, Agricultural Business and Policy

Drew Kientzy
Research Analyst, Agricultural Business and Policy

C. Tim Schnakenberg
Field Specialist in Agronomy

Abstract

Using this planning budget, farmers growing hay can estimate their costs and returns for 2024. Table 1 presents estimates for established tall fescue and clover hay production in Missouri. Assumptions were based on price forecasts as of October 2023. Detailed prices and practices are summarized in Tables 2 and 3. The production practices used to develop these cost estimates are common on Missouri farms. Use the “Your estimate” column to plan your operation’s costs and returns for 2024.

Topics

• Crop budget
• Farm budget
• Fescue - clover hay

Pages

• 2