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200 acres and a thought
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<blockquote data-quote="Okie95" data-source="post: 1382008" data-attributes="member: 26504"><p>So in a little town in Oklahoma called Stratford my friend and I have decided that we might get in to cattle. We have around 200 acres on one piece of land 50 on another and 100 on another. this land is currently leased to other ranchers, but we were debating on when their lease is up to buy our own herds and get into the industry. I have some questions that would be awesome if I got answers from people who have been in a similar position. </p><p></p><p>1. Save up cash for the cattle or loans? </p><p></p><p>2. Should I also give chickens or hogs a go? </p><p></p><p>3. How would I supplement my income until the cattle are ready to be sold?</p><p></p><p>4. What kind of profit margins would you expect if I stocked the land with one cow or heifer per 2 acres?</p><p></p><p> Any other knowledge or tips would be greatly appreciated. As far as our experience goes, I have been a farmhand before and have a general idea on the process, we both have been around cattle our life but definitely need to learn more before doing something like this.</p></blockquote><p></p>
[QUOTE="Okie95, post: 1382008, member: 26504"] So in a little town in Oklahoma called Stratford my friend and I have decided that we might get in to cattle. We have around 200 acres on one piece of land 50 on another and 100 on another. this land is currently leased to other ranchers, but we were debating on when their lease is up to buy our own herds and get into the industry. I have some questions that would be awesome if I got answers from people who have been in a similar position. 1. Save up cash for the cattle or loans? 2. Should I also give chickens or hogs a go? 3. How would I supplement my income until the cattle are ready to be sold? 4. What kind of profit margins would you expect if I stocked the land with one cow or heifer per 2 acres? Any other knowledge or tips would be greatly appreciated. As far as our experience goes, I have been a farmhand before and have a general idea on the process, we both have been around cattle our life but definitely need to learn more before doing something like this. [/QUOTE]
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