EverGraze Exchange – Investing in pasture improvement
Improving pastures can increase production significantly and provide other potential spinoffs, such as better weed control, ground coverage and reduce recharge, but it should be a profitable investment. Calculations of the worth of investing in pastures can be complex and are often estimated differently, depending on who is doing the sums.
In considering whether to improve pastures, the calculations you may make will depend on the question you want to answer. The two key questions that you might ask are:
- Can I afford it?
- Is it a worthwhile investment?
The latter question is of particular use if you are considering other investments to increase production like buying more land or off farm investments for more financial security.
This Exchange explores the two questions and assists you wish your decision making process.