The majority of the cost associated with storage occurs early in the storage period due to shrink and cost of hauling. After theses costs have occurred, the interest cost is the only cost that increases. There was no charge for the cost of the hay barn included. Also, there was no charge for insurance on the hay. Insurance is a cost producers would need to add to the costs shown in the table.
Hay prices tend to be seasonal.
This indicates that if we get a normal season price increase in hay, the result is basically the same for selling or storage. The major difference is that the hay producer stands all of the price risk. Hutson S.W. Area Ext. Grasshoppers and caterpillars are running rampant in almost all situations, and alfalfa fields are no exceptions. This is the time to control grasshoppers.