ISU Extension Ag Decision Maker C2-23
Pasture & Hay Land Cash Rent Worksheet
Calculate pasture rental rates using forage values, carrying capacity, Animal Unit Months (AUM), total monthly animal grazing units, and pound of gain agreements.
1. Basic Input Factors Forage & Acreage
$
/ ton
acres
Ton/acre
AUM/acre
Pasture Quality Factor
2. Animal Unit Equivalents Grazing Monthly Rate Inputs
Type of Animal
Head Count
AU / Head
Total AU
Mature Cow
1.20
30.0
Bull
1.50
1.5
Yearling
0.80
9.6
Two-Year-Old Heifer
1.10
8.8
Calf
0.40
8.8
Ewe
0.24
0.0
Replacement Ewe Lamb
0.15
0.0
Horse
1.00
0.0
Total Animal Units (AU)
58.7 AU
3. Stocker Cattle Parameters Pound of Gain Method
lbs
lbs
head
$
/ lb
Valuation Summary
Estimated Total Annual Rent Range
$5,750 – $10,350
Total Acres:
100 acres
Total Grazing AU:
58.7 AU
Rental Rate Methodologies
1. By Forage Value (Hay)
$69.00/ac
Total Annual Rent:
$6,900.00 / yr
Formula: Hay Price ($115) × Hay Equiv (2.0) × 30%
2. By Forage Value (Pasture)
$57.50/ac
Total Annual Rent:
$5,750.00 / yr
Formula: Hay Price ($115) × Hay Equiv (2.0) × 25%
3. Per AUM Rate
$23.00/AUM
Total Annual Rent (6 mo season):
$8,100.60 / yr
Formula: Hay Price ($115) × Quality Factor (0.20)
4. Rent Per Month (Animal Units)
$13.50/ac/mo
Total Monthly Rent:
$1,350.10 / mo
Formula: ($/AUM × Total AU 58.7) ÷ Acres (100)
5. By Carrying Capacity
$92.00/ac
Total Annual Rent:
$9,200.00 / yr
Formula: $/AUM ($23.00) × AUM/acre Capacity (4.0)
6. Per Pound of Gain
$138.00/head
Total Annual Rent (75 head):
$10,350.00 / yr
Formula: (815 - 585 lbs) × $0.60/lb gain