Lesson 6: Grazing Economics

One of the largest costs associated with livestock operations is feed. Through grazing, producers allow animals to harvest their own feed, thus saving on harvesting and storage costs. Capturing the actual economics can be challenging, but taking a closer look at costs and returns associated with grazing often demonstrates the benefits of grazing.

Pasture budgets can help producers plan ahead for costs associated with maintaining or renovating pastures. A good place to start is by taking a soil test so that you can plan to fertilize according to recommendations. Here are some basic considerations for developing a budget for your own individual situation.