I just went out and did all my soil sampling and I figured while I was waiting for the results to tell me how much I needed I'd call and get the current price on fertilizer.
For the liquid 32-0-0 that I like to use it's now 435 a ton!
I'm just trying to understand what makes it so expensive if anyone knows. When I started this farm just 4 years ago is was costing less than half that.
I am now seeing my fertilizer bill going to over a thousand dollars a month for our hay fields and my fuel bill for everything just on my farm for baling, cutting and spraying I'm expecting to be around 400 a month. This sucks. The feed stores are charging over 10 dollars a bale for hay. They are making all the profit. I'm charging 6.50 now and while making a little off it it's not like it used to be. I've tried charging more but then it doesn't sell.
Maybe I should spend some money on advertising and go up in price just a little under the feed stores. Or just figure out a way to store it all till winter when the feed stores are all over 12 bucks a bale. What are you other hay farmers doing to cope with the high input prices?
For the liquid 32-0-0 that I like to use it's now 435 a ton!
I'm just trying to understand what makes it so expensive if anyone knows. When I started this farm just 4 years ago is was costing less than half that.
I am now seeing my fertilizer bill going to over a thousand dollars a month for our hay fields and my fuel bill for everything just on my farm for baling, cutting and spraying I'm expecting to be around 400 a month. This sucks. The feed stores are charging over 10 dollars a bale for hay. They are making all the profit. I'm charging 6.50 now and while making a little off it it's not like it used to be. I've tried charging more but then it doesn't sell.
Maybe I should spend some money on advertising and go up in price just a little under the feed stores. Or just figure out a way to store it all till winter when the feed stores are all over 12 bucks a bale. What are you other hay farmers doing to cope with the high input prices?