Hayfield/pasture in Michigan's Schoolcraft County. Photo by Jim Isleib, MSU Extension.
When hay fields or pastures are reseeded, farmers should select proven and tested species and varieties. Of course, cost is an issue, but keep in mind that the cost of seed is a very small factor when averaged over the stand life of possibly many years.
The new Michigan State University Extension publication E3309, “Recommended Hay and Pasture Forages for Michigan” by MSU forage specialist Kim Cassida and MSU Extension forage educator Phil Kaatz, provides an excellent guide for seed selection decisions. The 12-page publication includes descriptions of common species, several handy tables listing species characteristics, a section with tips on seed mixtures for various purposes, and a step-by-step guide for formulating a forage seeding mixture. Many farmers opt to buy a preformulated commercial hay or pasture seed mix. Keep in mind that you can prepare a specific mix for your farm based on your experience and good research information.

Hayfield/pasture in Michigan's Iron County. Photo by Jim Isleib, MSU Extension.
For Upper Peninsula beef producers with long rotations, longevity of forage species may be of high interest. Using the tables in the publication, selecting longer-lasting productivity can be considered. For example, cool season grasses with longer stand life include species such as Kentucky bluegrass, meadow bromegrass, timothy, tall fescue, smooth bromegrass and reed canary grass. Orchardgrass, meadow fescue and perennial ryegrass are rated with less stand life expectancy. Similarly, alfalfa and kura clover are rated with longest expected stand life, followed by Birdsfoot trefoil and then red and alsike clovers. Many other characteristics are included in convenient table form, including recommended uses, seeding characteristics, yield potential and other agronomic details.
Source : msu.edu