Here is the receipt from a recent trip to the feed store. These supplies will take care of six horses for three to four weeks.
Let’s drop the Layena (chicken food), round the amount to $600 and call it a month.
Six hundred dollars feeds six horses for one month. That’s $100 per AUM.
How much would a public-lands rancher pay to feed six cow/calf pairs for one month?
Eight bucks at current prices.
A cow/calf pair is said to be equivalent to a horse in terms of its resource loading.
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