On the other hand, if you store the hay on your farm there is a cost involved. The money they earn gets added to income from the cattle they own. So they turned their focus to haymaking. Additionally, I would learn who the local horse farmers were and talk to them directly and determine their needs.
We have differing views all the time. If harvested too early, the hay does not dry properly, and if picked too late, it may have quality issues.
You can sell hay on your website. Step 2 List the types of crops you want to grow or the livestock you want to raise. Storage One thing to think about is where you are going to store the hay. If you deliver, a good way to factor costs is by a per kilometre cost.
There was, of course, no shortage of work on their farm near Washington, Kansas, owned by parents Jeff and Nancy Otott.
Share on Facebook The competition from large farming corporations along with the fluctuating prices of crops and livestock make a business plan a necessity for new farmers who want to make a profit from their endeavors.
Step 4 Explain how you plan to sell each of your products, such as selling apples from your orchard to exporters or selling cows to a local stockyard. Zach plans to head off to K-State, too, majoring in Agribusiness. Ideally, you would want two used tractors if one breaks down.
As I was growing up, Dad made all the decisions, but he always involved me in the process. Another marketing niche might center on small farmers who may not have access to hay-baling equipment.
The finished plan also helps reveal whether your farming idea is feasible or not. The collection of hay involves using a mower or tractor with an attachment to cut the hay.
These financial statements show all of the expenses you expect to pay, including loans and the cost of equipment, seed, buildings for housing livestock or storing crops, fertilizer and feed for animals. To get their first customers, they made a few phone calls and hung flyers in local businesses.
While not necessarily a requirement, an accounting software package is a wise investment to help you run your business.
A hay-baling business also requires a seeder and mower. You can connect with people on social media through Twitter and Facebook. With life experiences, I learned, and the more involved I became, the more Dad listened to my input. For swathing, we charge by the hour because of the large amount of waterways we swath.
Obviously, it would be best if you could deliver the hay as soon as you took it off the field. This means that you can get away with not having either of those pieces of equipment. Sometimes it takes a while to talk things through.I am a BESBM Student I want to write a Business Plan my Idea is Hay Farming I need your help on how I can arrange my booklet.
Lucy Ndiritu said on February 19, Hay, I come from an area where people have quite big chunks of land. Josh Michaelson grew up spending his summers putting up hay, and his haying know-how grew into a passion for the business of harvesting and marketing top-quality alfalfa. Launching a Custom-Hay Business.
By. Raylene Nickel. Each summer, they put up some 2, big round bales of hay and straw for customers as far as 15 miles from their home farm.
They’ve been at the business for five years. The money they earn gets added to income from the cattle they own. Most money then gets put away for college. A farm or access to a pasture are prerequisites to starting a hay-baling business.
Considerations In the hay-baling business, revenue creation comes from collecting hay at the end of the harvest. The competition from large farming corporations along with the fluctuating prices of crops and livestock make a business plan a necessity for new farmers who want to make a profit from their endeavors.
A farm business plan is a work in progress, which farm business owners or operators will want to revisit regularly. Do I need a Business Plan for my Farm?
is a web resource from the New England Small Farm Institute.Download