UT Beef and Forage Center

Economics and Marketing

The basic definition of profitability is to make more money than you spend. In a forage operation, producers often do not have a good idea of how much an acre of forage costs to produce. In order to make good financial decisions, it is important to begin to understand the cost of planting and managing various forage species.

This will allow producers to determine which species are potentially the most or least expensive, and will influence the farm's bottom line. Information here will provide a basis for this planning.

2017 Integrated Beef and Forage Resource Management Calendar
Integrated Resource Management is a system that utilizes all resources available to optimize production and net income. This calendar has been developed to assist you in formulating an overall management plan for your beef and forage operation. Utilize the calendar to schedule various management practices, calf due dates, and farm-related activities.           

 

 

 

 


Pasture, Rangeland and Forage Insurance as a Risk Management Tool
The purpose of this publication is to explain what the Pasture, Rangeland and Forage (PRF) Insurance Program is, how it works, and how it can be utilized in a forage risk management system.

Economics of Baleage for Beef Cattle Operations
For beef cattle producers who have been affected by lack of winter forage in recent years, use of baleage systems to harvest and store forage may be a worthwhile investment. Producers may need to focus on increasing the nutritional value of the baleage for the decision to purchase a bale wrapper and high-moisture baler to be economical.

Managing Nitrate Levels in Bermudagrass Hay: Implications for Net Returns
This article provides a new economic framework to help hay producers choose optimal N fertilizer rates when nitrate toxicity to cattle is an issue. Although bermudagrass is not considered a high-risk forage for accumulating nitrate levels toxic to cattle, this approach to managing nitrate levels in bermudagrass can be adapted for any forage being produced for hay.

Economic Implications of Growing Native Warm-Season Grasses for Forage in the Mid-South
As many Tennessee producers are aware, cool-season grasses, such as tall fescue and orchardgrass, suffer from poor forage production during the summer months. This has led to the search for cost-effective alternatives to bridge this summer "forage slump." Many of their attributes, such as being native, long-lasting and having low input requirements, make them well worth considering.

Extension- AgEconomics and Marketing
The mission of the Agricultural and Resource Economics Extension Program is to provide leadership for developing, delivering, and evaluating current and relevant agricultural economics and resource development educational programs for decision makers. Our vision is for Tennesseans to improve their knowledge, understanding, and application of economics to agricultural and rural issues.