Suggested values of standing forage crops are presented in the table below.
Prices are quoted on a per ton, as-fed, basis. Price per acre depends upon the
yield and is not provided here. Buyer assumes all harvesting costs and quality
risk.
| For Hay Crops: |
| Determine: |
| Current market value of hay per ton |
|
|
_____________ |
| Harvest costs per ton |
|
|
_____________ |
| |
| Formula: |
| Current market value
of hay per ton |
|
|
_____________ |
| Less harvest cost per ton |
|
|
_____________ |
| Equals standing value per ton |
|
|
_____________ |
| |
| Example for hay: |
|
|
Your Numbers |
| Current market for first cut alfalfa $70.00 |
_____________ |
| Less harvest cost per ton ($30.00) |
_____________ |
| Equals standing value $40.00 per ton |
_____________ |
| |
|
| For Corn Silage: |
| Determine: |
| Total tons of silage per acre |
_____________ |
| Bushels of corn per ton of silage |
_____________ |
| (Estimated grain yield divided by tons per acre) |
| Example: 120 bushels corn divided by 20 tons per acre
yiled equals 6 bushels per ton of silage. |
| |
| Current per bushel price of corn |
_____________ |
| |
|
| Formula: |
| Bushels of corn per ton of silage times current price
of corn |
|
_____________ |
| Plus fertilizer replacement per ton of silage 1 |
|
_____________ |
| Equals standing value per ton of silage |
|
_____________ |
| |
|
| Example for silage: |
|
Your
Numbers |
| 6 bushels corn X $2.20 = |
$13.20 |
|
____________ |
| Plus fertilizer replacement2= |
2.56 |
|
____________ |
| Equals standing value of silage |
$15.76 |
per ton |
____________ |
|
1) Based on Illinois Agronomy Handbook P & K removal per ton of corn silage.
