Ok. So I said that I would tell y'all later on what the plan is for the 400 acres of converted row crop land. Well, we won't be doing the Corriente thing there. Would they do as well on that Bermuda- alfalfa and Bahia- peanut, etc? Probably so, but they would not do
better. This place will be fertilized and limed to UGA specs, and sprayed to be kept weed free. Already built a couple of pole barns on it. The entire place has an irrigation system. The calves produced there would bring just as much, but it won't be zero inputs like the Corriente-Kudzu herd is. So, what me and my partner, both nearly 70 and with ticker problems.... and I think we may both be in the early stages of dementia.... have decided to go into raising Brahma cross replacement heifers! It is something we both have talked about from time to time. These we will have to worm, and vaccinate, etc. But, Joe ( our farrier and a great horseman and cowboy) and his wife Lisa( our vet, also a great horseman and cowboy), will have minority ownership in this operation. So that takes care of the vet stuff, and the help when it comes time to work them. We already have put up a corral. It is an old rodeo arena, made of pipe and it is 7'6" tall. I am going to get about 150 head of purebred Brahma cows. Registered will be ok, but I don't intend to keep up with it., or raise registered Brahmas. ( Well, if we get some that are registered, that may be an option for those cows). We are going to offer custom-bred replacement heifers for folks. f1 Braford, black Braford, Charbray ( using red Charolais), Simbrah, Br x Jersey....what ever you may want. Gonna AI them with sexed semen, using homo-for -polled bulls. Might do 10-20 of them with sexed for male semen, for my contact in Chihuahua. He has a market in Central America for bulls like this. I am going to buy the cows and develop markets for the heifers, and Clay and I will handle transport if the clients need it. Scott and Zeke will handle the fence, fertilizer, herbicide, irrigation, etc. Joe and Lisa will do the working of the cattle. Those Chi bull calves, as well as the heifers, will leave here at weaning unless someone wants us to supply bred heifers, which we will have to keep an extra 10-12 months.
I already have 12. 8 greys that will be calving Chi-Angus heifer calves soon, and 4 reds that are bred to Red Charolais. Right now, they and 4 of Mike's Brangus bulls are finishing up the 100 acres of un-harvested beans and the 100 acres of corn residue. Soon, we will shut them out of those 2 pastures, so Scott can sow it, and they will be on the 50 acre former dove field. The bulls will go on to the Corriente herd this week..4 of them are already over there. I am looking at 25 more grey cows right now, and will get more this spring when the Bermuda and Bahia starts putting out. The first 12 calves are already sold (have a deposit on them), and my goal is to never have any "for sale". I want to try to get them all pre-sold. Like the man Clay gets those Black Simm x Chi-Angus replacement heifers from. He produces 60 a year, and they are all sold to return customers before they are born. Same people get them every year, for the most part. Clay helped him at weaning in 2023, with the last crop of heifers and steers, and bought 20 of the first all-heifer crop. He started with the all heifers this year, and Clay got in then. When they weaned in July, Clay wanted to get 10 more for next year, but the man only had 5 left un sold for 2015. And that was because someone had backed out on those. I hope that soon, I can get ours to that point, that there are none unsold at weaning. We won't have a 30 day calving schedule... it will or can be, year round, depending on when the clients want them.
We are doing an 85%-15% split of the gross sale price with Joe and Lisa. $300 per calf. They will have the med and wormer costs to come out of theirs. If we need to, though Scott and I talked about going as high as 82.5%-17.5% ( $350) or even 80%-20%, giving them $400 per calf. The reason I did the percentages instead of just a flat $300-$400 per calf is because you never know where the prices will be, 18 or more months from now. We will be getting about $1600-$1700., minus inputs for these from the $2500 cows, vs the $1500 with virtually no-inputs from the $250 Corr cows. See why I said I ought to post it on the
What is the stupidest thing I have done thread??! LOL
Seriously. though, Joe and Lisa
can take their $300 per calf, and buy one of our Corrs with it. They will get $45000 gross off the Brahmas the first year we sell replacements, and that will buy 150 of the 400 Corrs. Next year they will get their $45000 off the Brahmas, plus $225,000 off their 150 Corrs. $75k of that will buy the rest of the Corrs, and that will give them $195k to buy 78 of the Brahmas with, and me and Scott will get the 15% or 20% on those. The
next year they can buy the rest of the Brahmas and still make a $400k gross profit. That is mine and Scott's give-or -take-5-year exit plan. Once they own both herds outright, we will just rent them the 2 places...payable to Zeke's trust.... and finally get to just enjoy our quail and rabbit hunting!
Of course, it probably won't work out that way....but we can hope!