2035

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Just make sure ya talk to a financial advisor beforehand and have a good plan. There can be substantial tax burdens, especially if you don't roll some of the sale proceeds over into something like another primary residence.
Good point, we work all our lives to have land and when we get old its costs us a lot of the profit when we sell.
 
Just make sure ya talk to a financial advisor beforehand and have a good plan. There can be substantial tax burdens, especially if you don't roll some of the sale proceeds over into something like another primary residence.
Oh I'm not selling, I'm one of the ones that needs his head examined. Lol

We sold our business last year so know all about the tax burdens. It's a shame a person works so hard for so long only to have a big chunk taken by the Government. I could see if they used it for good, but they just blow all of our money theses days.
 
What was the reason for being out of business? Age and proximity to a growing city? Smaller cattleman being pushed out? Gotta be careful around cattle, they'll definitely get you hurt.

Kids with an interest don't have the money to buy real estate. Ya can't make it pencil out when calves are bringing $3000 and your ground is 10K an acre... even if the grass is so good it will support a cow/calf unit per acre.

And the vegan/PETA/animal rights agenda is selling their propaganda about cows being detrimental to the environment and far too many people are swallowing that pill without biting into it to find it is bitter and full of disinformation.
 
Urbanization of the countryside and small towns is taking place everywhere.
Here in North Georgia our little town of Ellijay, still loves agriculture.
We changed land that was residential into agriculture and at the county hearing one of the members of the board stood up and said hell yeah !
The city folk complain about the smell of the chicken houses, we just tell them it smells like money to us.
My biggest issue with the city people coming is that they cut down all the trees, want to plant grass, honk their horns because they're impatient, and paint their houses weird colors.
I have found that City people can be rude and demanding and do not show a lot of respect to others.
The other thing I can't stand is they all seem to need to use the f word !
The thing I can't figure out is that they came to this place because it was beautiful, we're all deep dark wooded mountains, that's what brought them here!
If they liked it as it was why do they want to change it ?
 
Our city absolutely hates agriculture, they resent any reference to a farming community. They are all about making downtown into an arts and entertainment area.
For years the city has struggled to grow, but it's because of a few powers that be and their mindset. They would not allow Cracker Barrel or Cattlemen's Steakhouse to open restaurants here because of the rural country themes.
It wasn't the direction and vision the city had.
Now out in the county it's built up pretty solid along the road fronts with city minded people. They come to the country to get out of the cities, and then can't wait to make it like where they left from.
 
Our city absolutely hates agriculture, they resent any reference to a farming community. They are all about making downtown into an arts and entertainment area.
For years the city has struggled to grow, but it's because of a few powers that be and their mindset. They would not allow Cracker Barrel or Cattlemen's Steakhouse to open restaurants here because of the rural country themes.
It wasn't the direction and vision the city had.
Now out in the county it's built up pretty solid along the road fronts with city minded people. They come to the country to get out of the cities, and then can't wait to make it like where they left from.

It cracks me up when the yuppie vibe wants to make their environment cool by promoting arts and entertainment... and they are the kind of people that like organic veggies and free range meat... and farmers markets... but they don't want green pastures and happy cows anywhere within their sight.
 
No development or urbanization UP here. I heard there was only 4 new houses built this year in a county of 1300 sq miles. Probably why every year there are more and more people moving here from places like Texas and Arkansas to homestead and raise their animals and familes...
 
It cracks me up when the yuppie vibe wants to make their environment cool by promoting arts and entertainment... and they are the kind of people that like organic veggies and free range meat... and farmers markets... but they don't want green pastures and happy cows anywhere within their sight.
Don't get me started on their farmers market. 😂
We got into that for a couple years, like everything else here they had to have everything official and have a farmers market board and committees and a manager. Basically they didn't want real farmers, they wanted their own backyard types and now a few years later they have little to no actual produce, it's all wine, coffee, trinkets.
 
Kids with an interest don't have the money to buy real estate. Ya can't make it pencil out when calves are bringing $3000 and your ground is 10K an acre... even if the grass is so good it will support a cow/calf unit per acre.
I see a lot of ranches for sale at 10K per pair. I figure that at the top limit. But again it depends on the down payment and the interest. A 10% down and 7% interest That is going to be $630 per calf to cover the interest. That isn't going to work. With a 40% down and 4% interest the interest payment is $240 per calf. That will work.
 
I see a lot of ranches for sale at 10K per pair. I figure that at the top limit. But again it depends on the down payment and the interest. A 10% down and 7% interest That is going to be $630 per calf to cover the interest. That isn't going to work. With a 40% down and 4% interest the interest payment is $240 per calf. That will work.
And that is already owning the cattle to stock it? I could never pencil cows and land. Always needed to have one or the other owned free and clear to start buying the other.
 
And that is already owning the cattle to stock it? I could never pencil cows and land. Always needed to have one or the other owned free and clear to start buying the other.
We could never pencil cattle paying for land either. We always figured the land as an investment and the cattle as a good way to supplement our income. Now we are looking at retirement and hoping the cattle will let us retire early or at least semi-retire. I think land is a great investment if you can afford it. If the land is going to stretch you thin I'd invest the money elsewhere. The land has definitely outpaced our 401k and Roth IRA. Problem is when to sell or lease it out. Hopefully my body and not my pocketbook will answer that question.
 
I'm still here.
I recall a TAMU workshop I attended years ago and the speaker stated cattlemen like myself wouldn't exist in 2035.
I don't think we are going to make 2030!
Not many cattle left in this country, go to the auction and it's over in an hour.
Local feed mill largest customer base is deer hunters not cattlemen now.
We used to have breakfast together once in a while and it was standing room only, today lucky to get four or five old wore out cattlemen.
My hay man will be 77 next month he is also my partner . Math is not in our favor.
I penned to worm while back had a Brimmer girl hit me so hard she literally knocked me out of my boots.
I was pulling a 357 to kill her when she got off me and went after my help.
I was kinda like uncle Joe at the junction for a while.
That cow had never lost it before knew the drill and completely blew up.
Grey Brimmer not in the chute.

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Times are changing that's for sure. Hope the new generation will bring it all back. Seems though that they might be the cause it's leaving sadly.
 
Times are changing that's for sure. Hope the new generation will bring it all back. Seems though that they might be the cause it's leaving sadly.
My kids will have the gooseneck on one set of wheels hauling what I have left to the sale barn before the last shovel of dirt lands on me.
They would leave the trailer with a for sale sign at the barn.
Joke is on them they will have to rent it as I left it in my will to the young man who helps me.
 
My kids will have the gooseneck on one set of wheels hauling what I have left to the sale barn before the last shovel of dirt lands on me.
They would leave the trailer with a for sale sign at the barn.
Joke is on them they will have to rent it as I left it in my will to the young man who helps me.
Lmao, when your kids don't want it what other choice do you have? I'm always trying to figure out how to get more. I have 1 kid out of 6 that wants to farm. He will probably be the one who gets it all to be honest. But if none of my kids wanted any of it. I would leave it to someone who will take care of what I have left and enjoy everyday of it. 👍🏻
 
Our city absolutely hates agriculture, they resent any reference to a farming community. They are all about making downtown into an arts and entertainment area.
For years the city has struggled to grow, but it's because of a few powers that be and their mindset. They would not allow Cracker Barrel or Cattlemen's Steakhouse to open restaurants here because of the rural country themes.
It wasn't the direction and vision the city had.
Now out in the county it's built up pretty solid along the road fronts with city minded people. They come to the country to get out of the cities, and then can't wait to make it like where they left from.
What kind of California hell hole do you live in?
 
What kind of California hell hole do you live in?
That's pretty much what we call it. We live in a county that joins Fayette county/Lexington, KY, the second largest city in KY.
Over time our city/county have become a bedroom community of Lexington's workforce. When I was a child in school, all I heard was people lamenting that there wasn't anything here it was just a farming community. That way of thinking has just increased over the decades since. Like a lot of other places the old money folks kept things tamped down and under their control.
Now the old money is dying off and being replaced with new outside money people that are changing everything. The mentality has verbally went from being a farm community, to we're more than just a farm community, to now we are not a farm community.
We are now just an extension of Lexington, complete with all its problems.
 
I see a lot of ranches for sale at 10K per pair. I figure that at the top limit. But again it depends on the down payment and the interest. A 10% down and 7% interest That is going to be $630 per calf to cover the interest. That isn't going to work. With a 40% down and 4% interest the interest payment is $240 per calf. That will work.
I haven't seen many places for sale lately @ 10k/pair.. more like 20.... and 30k / pair.
 

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