Originally Posted by usandpets
As for the cost, it is actually cheaper than sweet feed. At least where we are. We get it in 50 lb bags for $8.70 and the sweet feed is $14.70 for an 80 lb bag. Which comes out to $348/ton beet pulp and $367.50/ton sweet feed. With hay being scarce and costing over $200 per round bale in some places, it's not much difference in cost.
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Nutritionally and calorically, the BP is very similar to hay, if you're replacing or stretching $200/ton hay with $348/ton BP, you're almost doubling your costs (+74%). If you use the same approach with the sweet feed, it going to provide more nutrients (could vary greatly depending upon the mill) and 40-50% more calories than the hay or BP. If you just look at the cost of calories, the amount of calories from one ton of hay will cost you $200 in hay, $348 in BP and $262 in sweet feed.
If you're only feeding a handful of horses, you're not going to see the dramatic savings sticking with just hay. I feed 100+ ton a year. If I feed straight hay at $200/ton, that $20,000 a year, if I substitute 25% of that hay with BP, my costs jump to $23,700.