Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
Am I missing something?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="marksmu" data-source="post: 616409" data-attributes="member: 9219"><p>Im about to getting started in the cattle business as a second job - that hopefully one day will become my only job, b/c I hate being behind a desk. Ive read and read and read till I cant read on the subject anymore, and Ive got a plan, but I was curious as to if I'm missing something. So Ill spill it all out, and listen to see if Im crazy or missing anything obvious here. I cant see how I can lose at this given my situation.</p><p></p><p>First off we've got a family ranch located in SE Texas. I don't own it, but its not going anywhere, its paid for and the USDA payments cover 100% of the taxes so it carries itself no problem. I have been given sole rights to do with it how I please. For the last 2 years I have just been leasing it to a neighbor for grazing, and improving a couple sections for waterfowl hunting, which is my passion.</p><p></p><p>Its 800 acres, broken up into approximately 70 acre tracts - all connected. Fully fenced, with 3 tractors (100hp, 88hp, and 24hp) The only implements weve got are a watering/dewatering pump for hunting, PH digger, backhoe, mowers, a disc, 3 way blade, and a small 3pt spreader.</p><p></p><p>My plan is to take my cash that I have been saving for 3 years and buy 10 3fer brangus cattle and a single bull. I chose brangus b/c its hot, humid, and wet here year round, and supposedly according to all my readin they are supposed to tolerate all three of those well. </p><p></p><p>I plan to set these 10 cows in the first pasture, and rotate them to the other 11 pastures every 2 weeks....each pasture has water and ample grass. I will give the shots, but I am hoping not to supplement with grain or anything else. It almost never freezes, and the ground never freezes, so I should have plenty of grass left year round. </p><p> </p><p>Now being as new at this as possible (still havent bought) what hidden costs am I missing? I pay for fuel, the cattle, and the vet bills....Ill have a single bull and breed it back to the moms, year 1 & 2, sell him year 3, and get another to goto all my new open heifers....keep the heifers, castrate and grass finish the steers, and use the cash to buy more heifers...</p><p></p><p>What have I missed? It seems to make sense to me, but my uncle is in the same situation, and loses his rear end, and he cant account for where his money is going...just knows he is losing about $10,000/yr on 60 head.</p><p></p><p>Ive read the posts on here for hours on end...what have I missed? </p><p></p><p>as an aside - I am an outdoors person who loves working with my hands...I work in an office now to have the money to get to move to the outdoors job later....I am not scared of hard work and have worked many a hard day already. Feel free to be hard on me, all the experience I have in cattle come from watchin my neighbors cattle graze my property. Which I will say graze year round, and eat no hay. So I figure if he can do I can....right?</p><p></p><p>Goto town on me now. Please!</p></blockquote><p></p>
[QUOTE="marksmu, post: 616409, member: 9219"] Im about to getting started in the cattle business as a second job - that hopefully one day will become my only job, b/c I hate being behind a desk. Ive read and read and read till I cant read on the subject anymore, and Ive got a plan, but I was curious as to if I'm missing something. So Ill spill it all out, and listen to see if Im crazy or missing anything obvious here. I cant see how I can lose at this given my situation. First off we've got a family ranch located in SE Texas. I don't own it, but its not going anywhere, its paid for and the USDA payments cover 100% of the taxes so it carries itself no problem. I have been given sole rights to do with it how I please. For the last 2 years I have just been leasing it to a neighbor for grazing, and improving a couple sections for waterfowl hunting, which is my passion. Its 800 acres, broken up into approximately 70 acre tracts - all connected. Fully fenced, with 3 tractors (100hp, 88hp, and 24hp) The only implements weve got are a watering/dewatering pump for hunting, PH digger, backhoe, mowers, a disc, 3 way blade, and a small 3pt spreader. My plan is to take my cash that I have been saving for 3 years and buy 10 3fer brangus cattle and a single bull. I chose brangus b/c its hot, humid, and wet here year round, and supposedly according to all my readin they are supposed to tolerate all three of those well. I plan to set these 10 cows in the first pasture, and rotate them to the other 11 pastures every 2 weeks....each pasture has water and ample grass. I will give the shots, but I am hoping not to supplement with grain or anything else. It almost never freezes, and the ground never freezes, so I should have plenty of grass left year round. Now being as new at this as possible (still havent bought) what hidden costs am I missing? I pay for fuel, the cattle, and the vet bills....Ill have a single bull and breed it back to the moms, year 1 & 2, sell him year 3, and get another to goto all my new open heifers....keep the heifers, castrate and grass finish the steers, and use the cash to buy more heifers... What have I missed? It seems to make sense to me, but my uncle is in the same situation, and loses his rear end, and he cant account for where his money is going...just knows he is losing about $10,000/yr on 60 head. Ive read the posts on here for hours on end...what have I missed? as an aside - I am an outdoors person who loves working with my hands...I work in an office now to have the money to get to move to the outdoors job later....I am not scared of hard work and have worked many a hard day already. Feel free to be hard on me, all the experience I have in cattle come from watchin my neighbors cattle graze my property. Which I will say graze year round, and eat no hay. So I figure if he can do I can....right? Goto town on me now. Please! [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
Am I missing something?
Top