Great question. I currently feed my horses an equine ration from a local mill bagged alfalfa cubes, and grass hay. The feed is a mid-level ration suggested by their nutritionist. It costs me around $880 a ton (way too much!) bagged. Horse and cow feed ingredients overlap quite a bit and it doesn't surprise me that you can keep horses fat on a bovine ration. They're all made from grain by-products and typically are cheaper when purchased in bulk. I use the feed I use because of a sponsorship relationship I have with the mill.
When I managed the horse operation at Creek Plantation, I found that feeding bulk feed (not bagged) was about 20% cheaper. That equated to a $20k savings per year for the operation. The up front investment in storage and feeding equipment cost around $35k so you can see the investment was worth it. That was to feed 130 head.
It currently cost me $7.14/day to feed the horses in my barn.
Replied on The business side
21 Jan 07:10
Caldeen Gunter on the cattle side, local grain and commodity by-products plus hay or haylage have always given me the most bang for the buck. Locally, we can get things like gin trash or whole cotton seed delivered in bulk, dropped on the ground, and fed out of a Jay-Lor mixer combined with the haylage. The equipment cost is significant, though.
In the past, I have fed things like burnt corn gluten pellets, straight soybean hull pellets, and even chicken litter! The chicken litter was a blend of litter and 3 types of flour from the local mill. The mixture was piled into old chicken houses and composted for a year then delivered. It was really gross but dirt cheap and the cattle loved it!
Honestly though, I'm way more into grazing than feeding if I can pull it off. I find some of the modern grazing techniques like stockpiling and planting annuals helps a lot. Thoughts?