Late planted corn, soybeans and oats crops can be harvested as forages instead of for grain. Options include corn or oat silage, earlage, and oat or soybean hay. Estimating a value for these crops is made difficult by the fact there are few reported prices or significant markets in which they are bought and sold. However, there are two other general approaches to valuing grain crops harvested as forage. Both are based on comparisons to alternative actions by either the forage buyer or seller.
Iowa State University
Edwards, William M. and Barnhart, Stephen K., "Valuing Immature Grain Crops as Forage" (2008). Integrated Crop Management News. 775.
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