There is nothing wrong with my calculations. It's just something I've noticed. Like I said I set my hay prices by auction trends. It's not my fault that auction trends flow that way.
15 years ago, if you told anyone around here that hay would be close to $4 a bale for first cutting, they would have called you nuts. Last year, $4 a bale was cheap in Feb for 1st cutting.
$3.50 per bale is about what it is right now. Gasoline is hanging around $3.65. In 1991 I clearly remember selling hay for 75 cents per bale. Gasoline, was 76 cents a gallon. in 2001 gas was around $1.75 a gallon, before 9/11/01. Hay auction prices were between $1.75 and $2. After 9/11/01 gas went down to 99 cents per gallon. Hay stayed up. It was the first time.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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