Recently, more and more dairy farmers have been considering the contribution of manure’s value to their cash flow in livestock operation budgets, and seeking an appropriate market value in exchange with crop producers, according to Jose Hernandez, University of Minnesota extension educator, Livestock Nutrient Management. More crop producers also are seeking livestock manure as a major nutrient source, either by purchasing from a livestock producer or by adding livestock to their operations.
But, determining the economic value of the nutrients in livestock manure can be tricky, he says. To help, check out this spreadsheet that considers first-year fertilizer replacement value, possible residual value, and yield impacts, along with application cost. The tool also calculates net manure value.
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