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Cutting Feed Costs


By Lori K. Warren, PhD, PAS Illustrations by Jean Abernethy

Bargain-hunting for a new feed? You are not alone. Rising feed bills have left many horse owners searching for ways to cut costs in their feeding program. Unfortunately, in our quest to get the best bargain, we may not always be providing the same level of nutrition for our horses.

Becoming more familiar with the ingredients in the bag and what they have to offer (or not offer) your horse will help you to make more informed

Chief cutting costs.
decisions when selecting an alternative feed. This article will walk you through some of the most common ingredients in horse feeds, and how they are changing with the current market. A few cost-saving tips will also be provided.

Feed Economics 101
We’re paying more for our own food at the grocery store, so it should come as no surprise that we are also paying more for horse feed. There are at least two direct reasons for this. The first is the cost of fuel. We’ve all felt the pain at the gas pump. And it is no different for the person shipping the corn, oats and soybeans from where they are grown to where they are processed and mixed into feeds. The additional cost of transporting goods is passed along to the consumer.

The second reason for rising feed costs is also tied to the fuel supply, only in this case it’s not crude oil, it’s ethanol. Economics have convinced many farmers to grow corn for ethanol production instead of other crops. As a result, the supplies of oats and soybeans are going down, but the demand for these ingredients in horse and other livestock feeds is still high. And greater production of corn doesn’t mean that more corn is available—it’s all being funneled to ethanol production. As a result, simple supply and demand economics dictate that prices for feed commodities go up.

The end result is a higher feed bill. But it didn’t start out this way. Initially, many feed companies held on to their feed formulations and bag prices. In doing so, they took the hit on behalf of the consumer by lowering their profit margin. But nobody can stay in business long if they are losing money. Eventually, the cost of the feed has to rise, particularly if the feed formulation (i.e., the “recipe” of ingredients used) is kept the same.

Some companies have chosen to change their formula, often incorporating lower quality ingredients, in order to keep their price lower than the competition. The guaranteed analysis on the feed tag can stay the same, but the ingredients used to arrive at the percent crude protein or crude fiber have changed. As a result, the feed may not be as useful to your horse as it once was. In fact, instead of saving money, you might end up spending more because you may have to feed more to keep your horse in good condition. So, how can you determine if you are selecting a good quality feed? Start by reading the feed bag or tag!
Peanut Hulls offer very little nutrient value to the horse and are susceptible to aflatoxins, which are harmful to animals.  Photo by Evan 66.
Peanut Hulls offer very little nutrient value to the horse and are susceptible to aflatoxins, which are harmful to animals.

What a Guaranteed Analysis Means (and Doesn’t Mean)
By law, feed tags are required to contain certain information, including the product name, a guaranteed analysis of specific nutrients, a listing of ingredients, the name and address of the manufacturer, and directions on how to feed it.

The “Guaranteed Analysis” is a listing of the concentration of specific nutrients in the feed. For example, the Guaranteed Analysis might list crude protein at 14%, which means that 14% of the total content of the bag is made up of protein (and thus, 86% of the contents are presumably other nutrients). The representation of nutrient concentrations on a feed tag differs from a human food label where each nutrient is presented as a specific amount per serving. For example, a human food label might list 40 grams of protein per 8-ounce serving.

When comparing two different feeds, it can be misleading to base your selection solely on the concentration of nutrients listed in the Guaranteed Analysis. For example, a product containing 32% crude protein may appear to provide your horse with twice as much protein as one containing 16% crude protein. This would only be true if the serving size was the same for both products. However, if you fed one pound of the product containing 32% crude protein, it would actually provide half the amount of protein (0.32 pounds protein) compared to feeding 4 pounds of the feed containing 16% crude protein (0.64 pounds protein). Therefore, product comparisons are best made by calculating the actual quantities of the nutrient your horse will receive based on the amount of product that will be fed (i.e., serving size).

With some simple math, you can calculate how much of a nutrient your horse receives per serving. For nutrients listed as a percent (%) in the Guaranteed Analysis, multiply the concentration of the nutrient by the serving size. For example, feeding 5 pounds of a feed with 14% crude protein would provide 0.70 pounds of protein per serving (5 lbs x 0.14 = 0.70 lbs protein). For nutrients listed as parts per million (ppm), you must first divide the serving size by 2.2 and then multiply by the ppm concentration. For example, feeding 5 pounds of a feed with 120 ppm Zinc would provide 276 milligrams of Zinc per serving (5 lbs / 2.2 = 2.3 x 120 = 276 mg Zinc).

Evaluating Ingredients
The Guaranteed Analysis can help you calculate the nutrients provided in a particular serving of feed. However, it tells you nothing about the specific ingredients in the feed, nor the quality of the ingredients. For example, two feeds may have the same Guaranteed Analysis, but arrive at these nutrient concentrations using vastly different feed ingredients. Therefore, the Guaranteed Analysis provides only half the information that needs to be considered when comparing and evaluating feeds. The other half of the information comes from inspection of the list of ingredients.Similar to the nutrient profile, the list of ingredients on a feed tag differs from a human food label. On our food labels, ingredients are listed in order of prevalence—the first ingredient is the one included in the greatest amounts, followed by those included in lesser amounts in descending order. In contrast, listing ingredients in order of inclusion is not required on a feed tag. Some feed manufacturers elect to list their ingredients in order, others do not.

Although an ingredient’s placement in the list may not necessarily reflect its relative contribution to the total mix, the list can give you some idea of what ingredients were used to generate the feed’s Guaranteed Analysis. In Florida, regulations require that ingredients be individually listed by their real name. This is unique, because other states allow the use of “collective terms,” which are essentially generic labels for a group of ingredients that share similar nutritional characteristics. For example, if a feed contains oats, corn and barley, the tag would have to list each of these grains individually if sold in Florida. If this same feed was sold in another state, it could list all three grains under the collective term, “grain products.”

If you live in Florida, take advantage of the specific ingredient labeling! Reading the list of ingredients on your feed tag will allow you to more easily determine the merits and weaknesses of the product. Unfortunately, if you live in a state where collective terms are used, the use of lesser quality ingredients may not be readily apparent. If you are using an all-grain textured feed, you can visually inspect the individual components of the feed. However, if you are using a multi-textured or pelleted feed, your best bet is to stick with a reputable feed company and monitor your horse closely for unwanted changes. Chieg does not like his new 'bargain brand' feed!
Bargain Feeds are rarely a true bargain when it comes to the overall cost of feeding your horse.

The Nutritional Role(s) of Specific Ingredients

In order to assign some worth to the ingredients listed on the feed tag, you must have some background on the actual ingredients. The ingredients included in a feed have different purposes—some will provide energy, others protein or fiber, and yet others vitamins and minerals. Within in these nutrient categories, some ingredients are higher quality, which means that they might be more potent (higher nutrient concentration) or more digestible (and thus more useful). Table 1 lists some of the more common ingredients found in horse feeds and their primary role when added to the bag.
Table 1: Common Ingredients and their nutritional role when included in horse feeds.
Added to Provide
Ingredient
Relative Quality
Energy
(calories)
 
Oats, corn, barley (whole, cracked or flaked)

 High

Oil (soybean oil, corn, flax...)
 High
Stabilized Rice Bran
High
Whole soybeans, heat treated
 High
Distillers grains and brewers grains
 High
Flax Seed
 High to Moderate
Wheat bran
 Moderate
Grain Screenings (oats, corn, barley, wheat)
 Moderate to Poor
Rice-mill feed (or rice mill byproduct)
Poor
 
Fiber
(fiber sources also
provide calories)
Beet Pulp
  High
Soybean Hulls
  High
Alfalfa Meal, Grass Meal
  Moderate
Cotton Seed Hulls
 Poor
Oat Hulls
 Poor
Peanut Hulls
 Poor
Rice Hulls
 Poor
   
 
Energy
(or calories)
 
Dried Milk (Skim or Whole)
  High
Dried Whey
  High
Soybean Meal
  High
Canola Meal
  High
 Linseed or Flax Meal
  Moderate
 Wheat Middlings
  Moderate
 Cottonseed Meal
 Poor
 Peanut Meal
 Poor
 Sunflower Meal
 Poor


Again, because the exact recipe is not disclosed on the feed tag, we can only speculate which ingredients contribute to the figures provided in the Guaranteed Analysis. Nonetheless, an evaluation of the list of ingredients is still a useful tool for comparing feeds that have the same or similar Guaranteed Analysis.

To demonstrate this, Figure 1 shows two feeds that both contain 12% crude fiber, but each contains different ingredients. The ingredients that have the potential to contribute large amounts of fiber in the “Bargain Brand” feed include peanut hulls and rice hulls. In the “Premium Brand” feed, high fiber ingredients include beet pulp and soy hulls. All of these fiber sources can be used to reduce the starch (nonstructural carbohydrate) content of the feed. However, the fiber sources included in the “Premium Brand” are more easily digested, thereby providing more energy (calories) per pound, and potentially reducing the amount of feed needed to meet the horse’s requirements. In contrast, the fiber sources in “Bargain Brand” are more difficult for the horse to process, which could require feeding larger quantities to meet the horse’s needs.

Figure 1: Comparison of Feed Tags
Careful examination of the Guaranteed Analysis and the list of ingredients on a feed tag can help you evaluate the suitability of a product for your horse. Note that the two feeds below contain the sameGuaranteed Analysis; however, they contain different ingredients.

Bargain Horse Feed

Feed for yearlings, broodmares, stallions and performance horses

GUARANTEED ANALYSIS
Crude protein, min ……………… 14.0%
Crude fat, min …………………… 6.0%
Crude fiber, max ………………… 12.0%
Calcium, min ……………………. 0.70%
Calcium, max …………………… 0.90%
Copper, min …………………… 30 ppm
Selenium, min ………………. 0.30 ppm
Zinc, min ……………………… 100 ppm
Vitamin A, min……………… 4,000 IU/lb

INGREDIENTS
Corn, rice hulls, peanut hulls, wheat mid-dlings, cottonseed meal, corn oil, cane molasses, calcium phosphate, calcium carbonate, salt, magnesium oxide, zinc sulfate, copper sulfate, cobalt carbonate, sodium selenite, vitamin A acetate, vitamin D3 supplement, vitamin E supplement, menadione sodium bisulfate complex, thiamin mononitrate, riboflavin supplement, niacin supplement, d-pyri-doxine hydrochloride, choline chloride, folic acid, calcium pantothenate, and vitamin B12.

FEEDING DIRECTIONS
Feed ½ to 1 pound of feed per 100 pounds of body weight per day. Feeding levels may vary with the requirements for maintenance, pregnancy, lactation and the amount of work.

Feed ‘Em More, Inc.
333 Carriage Drive
Currycomb, FL 32888
(800) 555-1234

Net weight: 50 lb./22.7 kg



Quality Horse Feed

Feed for yearlings, broodmares, stallions and performance horses

GUARANTEED ANALYSIS
Crude protein, min ……………… 14.0%
Crude fat, min …………………… 6.0%
Crude fiber, max ………………… 12.0%
Calcium, min ……………………. 0.70%
Calcium, max …………………… 0.90%
Copper, min …………………… 30 ppm
Selenium, min ………………. 0.30 ppm
Zinc, min ……………………… 100 ppm
Vitamin A, min……………… 4,000 IU/lb

INGREDIENTS
Oats, beet pulp, soybean hulls, soybean meal, brewers dried grains, soybean oil, cane molasses, calcium phosphate, calcium carbonate, salt, magnesium oxide, zinc sulfate, copper sulfate, cobalt carbonate, selenium yeast, vitamin A acetate, vitamin D3 supplement, vitamin E supplement, menadione sodium bisulfate complex, thiamin mononitrate, riboflavin supplement, niacin supplement, d-pyridoxine hydrochloride, choline chloride, folic acid, calcium pantothenate, and vitamin B12.

FEEDING DIRECTIONS
Feed ½ to 1 pound of feed per 100 pounds of body weight per day. Feeding levels may vary with the requirements for maintenance, pregnancy, lactation and the amount of work.

We Make Feed, Inc.
111 Horse Feed Way
Saddlebrooke, FL 32777
(800) 555-5678

Net weight: 50 lb./22.7 kg


Cost-Cutting Tips
Calculating the amount of nutrients provided from the Guaranteed Analysis based on serving size is one of the first steps you should perform when comparing feeds. For example, it is often less expensive to feed a lower protein feed. However, this also means you have to feed more per day in order to continue meeting your horse’s protein needs. Protein is particularly critical for growing horses and broodmares, so don’t skimp! But if your cost calculations indicate that feeding a lower protein feed in higher quantities is more cost-effective and at the same time won’t overload the horse on starch or fat because you are feeding more, then it may be a solution. In most cases, this is not going to be the case. Similarly, if you choose to buy a lower protein feed and supplement protein, do a cost analysis to see if you are coming out ahead.

The second step in feed selection is to evaluate the ingredients included in the mix. Use of lower quality ingredients will certainly decrease the cost per bag of feed. But if you have to feed more to meet the horse’s requirements and keep them in good condition, are the savings still there?

Another cost-saving strategy would be to select a non-fat added feed. The costs of oats and corn aren’t the only things that have gone up. The price per barrel of oil has nearly doubled in the last year (and I’m not talking crude oil!) Although there are numerous benefits to a fat-added feed, the cereal grains and fiber sources included in the mix are still the primary source of calories in most feeds (even fat-added feeds). Some feed companies, including Seminole Feed, are reintroducing traditional feeds that are going back to these basic ingredients.

Consider re-evaluating your supplement program to see where savings can be had. Does your horse need all of the supplements you give him? Are you over-supplementing? The daily cost of many supplements often exceeds the cost of hay and feed, combined. Cheating your horse of key nutrients by skimping on quality hay and grain, and then trying to make up for it through multiple supplements is usually not cost-effective.

Finally, remember to make changes to your feeding program slowly. Rapid changes in the amount or type of feed can throw off the microbial population inhabiting the horse’s digestive tract. The end result can range from a minor episode of diarrhea to something as extreme as colic or laminitis. And if there is one expense that can top your feed bill, it’s a trip to the veterinary clinic for surgery! When you switch to a different feed product, structure the switch-over in feeds so as to allow your horse 7 to 10 days to adjust. Start by introducing 25% of the daily ration as the new feed and increase the amount by an additional 25% every 3 to 4 days. This type of commitment also means that it is generally not feasible to change the feed product every time you go to the feed store.

 

 



Equus Caballus, the magazine of the domestic horse, has been dedicated to the proper care and feeding of horses, ponies, donkeys and mules for over seven years. This site is a compilation of over 400 archived articles and new features about nutrition, health and equine management.

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