Cow-Calf Corner: Questions To Ask BEFORE Buying Hay

Dec 28, 2022

By Mark Z. Johnson

Winter is coming and hay inventories are low. Given the current situation it can come as a relief to just find hay to purchase. In 2022 many of us in Oklahoma find ourselves making hay purchases from out of state that are not the typical harvested forages we use in Oklahoma. Regardless of the hay source you are considering, ask the following questions and consider the following before making purchases:

Ask for a FEED ANALYSIS REPORT of the hay before you agree to buy and consider the moisture, protein, energy and relative feed value of what you are purchasing. Also consider the nitrate levels if you are purchasing sorghum hay.
Purchase by the ton, not by the bale. In a drought year like 2022, there will be hay on the market from roadsides and abandoned fields. Some bales of low density depending on baler settings. In order to get what you are paying for base purchases on tonnage. All hay bales are not of equal weight or quality.
Ask how the hay has been stored. In a barn = less spoilage, stacked in rows on pallets is better than stacked on the ground.
Ask what type of wrap is on bales. Net wrap results in less spoilage than twine wrap.

Click here to see more...

Video: 2024 AGM Day 1 Panel - Succession Planning & Risk Management

Statistics Canada’s 2021 Census of Agriculture indicates that 75% of all farms operating in Canada operate as sole proprietorships or family partnerships. While incorporated farms make up just over a third of Canadian farm operations most of those are also family-run corporations. If the issue of farm succession planning is not on the minds of Canadian farm producers, it probably should be. That same Statistics Canada Census of Agriculture indicates that the average age of a Canadian farmer is 56 years of age with the 55 plus age group becoming the fastest growing segment in Canadian agriculture.

Despite these statistics, the same Census reports that only 1 in 10 Canadian farm operations have a formal succession plan. While each farm has its unique issues when it comes to transferring the business to the next generation, there are some common topics that almost all farmers must address. Join financial, legal, and tax experts to learn about how to begin the process, key tips on ensuring a smooth transition from one generation to the next, and how to manage the strong emotions the topic can create within the family.