Suggested Feed Inventory and Transfer Values 2008

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Suggested Feed Inventory and Transfer Values
2008

Author:	John Molenhuis - Business Analysis & Cost of Production Program Lead/OMAFRA
Creation Date:	19 January 2009
Last Reviewed:	19 January 2009

Crop	Beginning		Transfer (*See Note Below)		Ending
Crop	$ per tonne	$ per bushel	$ per tonne	$ per bushel	$ per tonne	$ per bushel
Oats	180	2.78	190	2.93	200	3.08
Barley	170	3.70	185	4.03	200	4.35
Soybeans	400	10.89	403	10.97	405	11.02
Shelled Corn	160	4.06	167	4.24	173	4.39
Mixed Grains	150	2.72	160	2.90	170	3.08
Feed Wheat	310	8.44	243	6.61	175	4.76
Hay	110		110	Dairy Hay Transfer Value	110
(Depending on Quality)	75		75	Beef and Other Livestock Transfer Value	75
Straw	90		90		90
Corn Silage	37		39		40
Haylage	55		55		55
Grainlage	55		55		55
Pasture			60
Rough Pasture			25

Beginning and Ending Inventory Values are SUGGESTED. No single price for a grain or a forage is necessarily accurate for a single farm or all farms. Use these inventory values as a guideline or starting point and adjust for varying quality or market conditions. Ontario Farm Management Analysis Project (OFMAP) uses a single transfer value for the above feeds. INCREASE or DECREASE the amount fed to accommodate feeds of higher or lower quality.

* Note that the OFMAP template programs use the transfer values above as defaults. Beginning, transfer and ending values can be changed to suit individual farm situations.

For more information:
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Local: (519) 826-4047
E-mail: ag.info.omafra@ontario.ca