That's about what I come up with on my operation. I figure it costs about .30 per bale to get it off the field in a stack.
Profitability from a per unit basis though. If I'm shooting for a 30% return plus hourly for my time. I can make about 200 bales an hour on a large field, less on a small field, plus all the cutting, raking, moving equipment, stacking/hauling I estimate that when I'm done I have about 10 minutes a bale into them. A 60 lb bale at $4 per bale (133 per ton)shows a per unit profit of around $1 per bale. This means that I'm making %25 profit and getting nothing for my time. When you factor in the equipment replacement I suspect that until I can do around 10,000 bales a year I'm probably really breaking even in the long run.
The most profitable part of haying for me is custom cutting and baling for people with 10 acres and a horse, but no equipment.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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