That's about what I come up with on my operation. I figure it costs about .30 per bale to get it off the field in a stack.
Profitability from a per unit basis though. If I'm shooting for a 30% return plus hourly for my time. I can make about 200 bales an hour on a large field, less on a small field, plus all the cutting, raking, moving equipment, stacking/hauling I estimate that when I'm done I have about 10 minutes a bale into them. A 60 lb bale at $4 per bale (133 per ton)shows a per unit profit of around $1 per bale. This means that I'm making %25 profit and getting nothing for my time. When you factor in the equipment replacement I suspect that until I can do around 10,000 bales a year I'm probably really breaking even in the long run.
The most profitable part of haying for me is custom cutting and baling for people with 10 acres and a horse, but no equipment.
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Today's Featured Article - Tractor Profile: Ferguson TO-20 - by Staff. When the infamous "Handshake Agreement" between Henry Ford and Harry Ferguson fell by the wayside (that's a story in itself), Harry Ferguson quickly set up manufacturing plants for a United States version of his English TE-20. The TO-20 was relatively the same as the TE-20 except utilized some different casting materials and had a US-style electrical system. The TO-20 was a dead ringer for the Ford 9N and 2N models and they say that Ferguson did this on purpose when the Handshake Agreement wen
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