What does the ground cost you? Do you rent or own? How much did it cost to plant the hay? Gotta take all that into consideration. My alfalfa which is on ground I own, I pay "rent" to myself. I take the cost of planting the crop and divide out by 5 years. Road ditches and meadows that I don't have to pay for planting or rent are the biggest money makers, but they are generally harder on equipment so my repair expense goes up. There is no magic number as every operation has large variables. I like to keep my cost less than 50% of if I had to buy it. I generally run between 25-35%.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
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