With moderate to severe drought in many areas of Canada and the northern United States, many beef producers are looking for alternative feed sources to get their cattle through the coming months. With drought causing lower crop yields, many beef producers are hoping to work with neighbouring farmers to graze, bale, or silage crops. The question is how to value that feed in a way that provides value to both the farmer and the cattle producer.
When considering salvaging crops for feed, beef producers need to consider accessibility, availability, yield, transport costs, potential anti-nutritional factors or other animal health impacts, and feed quality. On the other hand, farmers are thinking about residue management, long term land impacts, contracted crop acres, costs to harvest, etc. When establishing prices, it is important to be clear in your communications about what each party hopes to gain as well as each party’s responsibilities. While grazing cattle on crop land or residues isn’t new, the salvaging of crops may put some unique options on the table for 2021.
The value of crops for livestock feeds calculator was developed to help beef producers work with their neighbors to determine a value for salvaged crops. For example, a barley field with 14 bu/acre of grain at current prices of $7.95/bushel results in a grain value of $111.30/acre. When you subtract the costs of combining the field ($32.33/acre according to the Saskatchewan Custom and Rental Rates Guide from August 2020) the harvest value is $78.97/acre. This provides a starting price to be considered. If a crop is being sold to a livestock producer as greenfeed, there is also the value of the straw. Continue reading
