Originally Posted by GhostwindAppaloosa
With the recent drought.. our regular hay prices of about 2.50-3.50 a bale are now between 10-14 a bale. These bales advertised at 50-60lbs are in reality (we weigh them every time we buy) 30-40 lbs.
So lets be optimistic here and say they are 40 lbs .. for 10 a bale..
Means we are paying .25 cents a lb. We offer 15 lbs a day to our boarders.. for a total of 112 a month for hay now vs previous .10 lb for 45.00 a month...
We are still currently operating on hay we personally made.. which did cost us more this year as we didnt get as much off our land, but are going to have to find hay very soon here...
We charge 250 a month for board which is the going rate in our area. But 40 minutes away it is 500-600 a month (bigger city)
We really need to be at about 300 a month to cover costs with increased hay... but hate to have to raise it so much...
What are you doing with the hay crisis.
I raised my rates 3X last year. I've been used to paying about $40 for a 1500 lb round bale and aobut $3 for a 50 lb square of bermuda grass. By the end of last year, this spring, I was paying $200 per 800 lb round bale IF I could find one, and $16/50 lb squares.
This spring after first cutting, I put up 3 semi loads of small squares, so approximately 48 tons of prairie grass at $4/bale, and I bought 80 1500 lb round bales at $80/bale. Most of my boarders have sold off their horses or those who had multiple horses have sold down to 1 or 2. I am not taking in new boarders to replace the old, have sold off most of my herd and we're going to be ok til next spring.
I gave up trying to do anything but break even last year when those round bales when up over $100, I NEVER thought I'd see the day when I'd pay $200 for a crappy one and be ecstatic to have found it.
Not only did hay go up but this drought has devastated the corn crop along with other grains and concentrated feed has gone up too. I feed Omolene 400 and it has gone from $7.50/40 lb bag to $16/40 lb bag. I go through 5 pallets at 40 bags/pallet during the winter. But! It keeps the horses healthy, fat and sassy and looking good all through the winter, so it's worth every dime I pay.
Another side to the drought that most aren't thinking about is, after 2 years of it, my pastures are destroyed. When we start getting normal rain again, I'll have to completely turn under, re-seed and re-fertilize all of my pastures so the horses can have turn out and grazing again.
Oh yeah, and my water bill went from about $100 month to keep everyone well watered to $250/month now because of the drought.
So, it's not just as easy as driving to another state or province to get hay. And because it's sooooo wide spread, I'd have to go to Ky or TN or ???? Because the usual states we haul in from, CO, NE, MI, WI, they're all having a hay shortage too.