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How to Value Standing Corn
Possibly the easiest way to value standing corn is to look at things through the buyer's eyes. If his interest is the cheapest source of nutrients for feeding livestock, then how to value standing corn compared to the farm gate price for corn grain is the question.
A quick rule of thumb is to multiply the current price of corn grain by 6 to determine the rough value of a ton of silage, then subtract harvesting costs. This gives an approximate value where yields would be under 90 bushels per acre. If you have irrigated corn, or for whatever reason expect yields that exceed 90 bushels per acre, figure 8 times the price of corn to get a value for silage.
If drought-stressed corn does not produce much grain, generally most of the nutrients would still be available in other parts of the plant. Generally, TDN content will be 70 to 95 percent of normal, depending on when stress occurred.
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