00:00 Introduction / Background 02:24 Defining Risk in Beef Cattle 04:38 Production Risk Definition 07:18 Costs Associated with Cattle Equipment 12:10 Hay Quality 13:40 Standing Forage - Clover with Rye Grass 18:00 Differences in Clovers 21:05 Grass Cost vs Hay Cost 21:50 Table on Forage Nutritional Metrics 27:13 Hay Samples 31:00 Enterprise Spreadsheet Tool for Farm Budgeting 34:25 True Cost to Bail Hay and Returns Example 38:20 Hay Inventory Calculator for Overwintering Cows 40:01 Meeting Nutritional Demands with Grazing Management