Editor’s note
The following abstract describes a publication that is only available as a downloadable PDF.

See Missouri Forage Budgets (XLSX) for related information.

Ryan Milhollin
Assistant Extension Professor, Agricultural Business and Policy

Drew Kientzy
Research Analyst, Agricultural Business and Policy

C. Tim Schnakenberg
Field Specialist in Agronomy


Using this planning budget, farmers growing alfalfa for baleage can estimate their costs and returns for 2024. Establishment costs for alfalfa can be found in MU Extension publication, G661, Alfalfa Establishment Planning Budget. Table 1 presents estimates for established Roundup Ready alfalfa baleage production in Missouri. Assumptions were based on price forecasts as of October 2023. Detailed prices and practices are summarized in Tables 2 and 3. The production practices used to develop this budget are common in Missouri. Use the “Your estimate” column to plan your operation’s costs and returns for 2024.


  • Alfalfa baleage
  • Crop budget
  • Farm budget


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