As I said before to total amount that it can cost you depends on a few things. Things such as the time of year and the current forage conditions. In a drought situation feed costs can total 70% of the total yearly costs.
Now you may be thinking that it is difficult to reduce feed costs without sacrificing overall production. There are some who have no problem with that but they are more “low cost producers”. In order to be sustainable the profitable producer knows that productivity is key to any successful operation.
Increase forage production
Forages are the building block for any successful cattle operation. Any truly profitable cattle operation will use forages for the base of their nutrition program.
If managed correctly forages can provide most of the nutrients that your cattle will need with minimal supplementation. When there is enough good quality forages for your cattle to consume then being profitable will come easier. But just how can you increase your forage production?
The beginning step in increasing forage production is doing a soil test. A soil test more than other tests can affect the economic efficiency of your forage production. When you know what nutrients your plants need you can then fertilize and lime as needed to ensure good yields in your pasture. To learn more about soil tests then check out a previous article of mine “Don’t hold back your soil test”.
Weeds and stocking rates
Keeping weeds in check is critical in improving both quality as well as quantity of your forages. When there is too much competition from your more undesirable plants overall productivity will suffer. When weeds are allowed to take over a pasture the overall grazing capability of your land will go down.
Stocking rate may not seem to go with forage productivity but I assure that it does. Some may think that they have a certain stocking rate but really their carrying capacity of their land is much lower. Things like rocks and bare spots can affect what your stocking rate is. It is for the sake of not overgrazing and damaging your pasture forage production you need to know what your real stocking rate is. I talk about finding out what your real stocking rate is in an article “Estimating your grazeable acreage”.
Another part of this step is realizing that improving your overall forage production is an investment rather than a one and done thing. It is not likely that you will see results overnight but if you do it right your will see an improvement to your bottom line.
Test your forages
Knowing the kinds and amounts of nutrients that your forages provide is valuable information to have. It is with this knowledge that you can make better decisions on what types of supplements, if any, is needed.
Because forage quality will change based on the time of year you will need to do this test at different times. Doing it that way will giver you a good idea of what your forages are providing during certain times. Once you know this you can then make better decisions on the supplements you may need to “fill in the gaps” of your cattle’s nutrient requirements.
When you are testing the hay bales that you will be feeding it is important that you divide the bales into lots. Once the criteria is set divide them based on the cutting that they came from. 1st cutting hay will have better nutrients available over say 3rd cutting simply because of the stage of forage production. Also when feeding you will know what bales will require any additional supplements.
Trying to feed without a forage analysis is nothing more than guesswork. Sure you may get it right every once in a while, a blind hog and all that, but more times than not you will be spending money on supplements that you may not even be needing.
Minimize hay waste
Hay can represent the single largest feed costs for a cow producer and not just with the hay itself. You also have to take into account the costs of the equipment used, fuel, as well as fertilizer. Hay can cost between $0.02 and $0.07 per pound of dry matter. That can be more than double the cost of other sources.
How you store and feed the hay will play a role in reducing any potential waste. According to a study done by Oklahoma State losses during storage can get up to 50% of the dry matter of the bale.
When feeding that bale of hay how you do it will determine the amount of waste that will occur, When feeding you will want to place it in some kind of rack, such as a hay ring. This will keep the battle from walking all over it or dropping feces on it making it useless. Studies have shown that not using a type of rack for hay can lead to losses of up to 40% of the bale.
Track your feed costs
Unfortunately it is virtually impossible to completely eliminate supplements if you are wanting to be a efficient cattle producer. So since you will not be able to drop this down to 0 it is important that you keep track on what you are spending your money on.
‘By keeping a record on the supplements that you are buying you will be able to identify if there are any patterns that happen to occur. Any patterns outside of weather conditions might be an indication that you have a problem that needs to be corrected. It could be that you need to improve your forage production or look for better quality hay.
By keeping track of your feed purchases you can then be able to predict when it is that you will need supplements before hand. By having that information you can then pre-contract your feed purchases with your chosen supplier. In many cases you likely can get them at a discount.