The price of corn silage is typically based on corn or hay prices. According to Kansas State University crop budget estimates, silage in the field is worth eight times the price of corn, so if corn is $6 per bushel, the price of corn silage would be $48 per ton. However, drought-stressed corn typically will have a value of 75 to 95 percent of “normal” corn silage, so a more appropriate rule-of-thumb for drought-stressed corn silage (standing in the field) would be six times the price of corn, or in this example, $36 per ton.

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