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ND | The way I look at it you can produce a commodity and sell it or feed it. It doesn't matter how much it cost to produce. Take corn. If you can sell it for $4.50 how can you charge only COP? If your COP is $4 and that's what you use as your cost you are short 50 cents a bushel from what you can sell it for. Yes you would be adding value, hopefully, by feeding it but you still need to make that 50 cents up when you sell the milk or meat from the resulting product. You need to use market prices to value feeds or you are making your feeding operation look artificially more profitable and stealing from the cropping side of the equation. | |
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pricing your own feed
