With our small acreage (12.5), we have sheep and horses with the intent on getting a couple of calves in the spring. About 8 acres is now open field that the previous owner grew hay on. I currently buy 100-150 square bales of hay in a season. The question is: Is it worth me looking into purchasing the implements to make my own hay? By my back-of-the-napkin calculations, I should be able to get about 300-400 bales out of the field, meaning I would have some to sell from each cutting (assuming the drought ever ends) to offset the cost of the machinery. There is a used farm implement auction in a couple of weeks that I plan on attending, but would like some advice on what to look for, and look out for.
Do you all have any advice and counsel?
Thanks in advance.

Frank in Virginia