I dont know about anyone else but Im in business to make money. I raised prices in 2005 .50 a square bale and 5.00 a round bale to cover increasing costs (handnt raised them since 1995). My costs went up about 3000.00 in 2006 mostly for fuel and fertilizer but I ate the increase since I was already priced slightly above the local average.
2007, I set my prices to keep my net income the same as 2006 even though yields were down by half. I challenge anyone to take a voluntary pay cut of 50 percent when they dont have to. The kids have to eat and the gas man wants to be paid. With the increase in fuel and fertilizer I've got to get almost what I got this year in 2008 with normal yields just to keep my net income the same (be nice to get a raise since all my family expenses are going up). Amazing thing about it, every single year I sell out of hay sooner than I did the last year even though every year but this one my production is up. Already have orders from 3 people for 450 round bales of 2008 grass hay and a 720 bale order for round baled silage at this years price with half down up front.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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