Grass hay: $150-300/t. Lucerne: $250-450/t. Straw: $80-150/t. Drought years can double prices. Premium lucerne for horses: $400-600/t.
Metabolisable energy (ME): $10-15 per MJ/t. Protein: $5-10 per % protein/t. Lucerne 18-22% protein worth more than grass 8-12%.
Bale value = (Tonne price × Bale weight) ÷ 1000. Example: $200/t × 500kg = $100 per bale.
Making costs $50-100/t for grass, $100-150/t for lucerne. Buying costs $150-400/t. Make if you have good pasture and equipment. Buy if small area or poor season.