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Beginners question about profit
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<blockquote data-quote="hillsdown" data-source="post: 692737" data-attributes="member: 5106"><p>Fred, you move them over from calf to heifer, to bred heifer, to cow/calf etc. As the cow produces more calves her value actually goes up NOT down. They appreciate and depreciate all at the same time. The more calves a cow has raised successfully for you the more money she has made for you ,even though when you cull her she may only be worth 600 dollars, what she has brought in each year for you through her calf sales is attributed to her worth minus of course her daily costs that she is responsible for as well.</p><p></p><p>This is too deep of a topic and varies too much for each operation. Here is another question, whom makes your house payments and up keeps etc. Is that for you and you wives outside income or are the cattle responsible for that as well ?</p><p></p><p>It is each apples to oranges and every operation is different, especially since some like to live in a modest home and drive a 20 year old vehicle and others like to live in upgraded homes with all the bells and whistles and drive a new pick up. Plus our cattle setups are different, some like all the newest technology and fancy equipment and others like to get by with the bare minimums.</p></blockquote><p></p>
[QUOTE="hillsdown, post: 692737, member: 5106"] Fred, you move them over from calf to heifer, to bred heifer, to cow/calf etc. As the cow produces more calves her value actually goes up NOT down. They appreciate and depreciate all at the same time. The more calves a cow has raised successfully for you the more money she has made for you ,even though when you cull her she may only be worth 600 dollars, what she has brought in each year for you through her calf sales is attributed to her worth minus of course her daily costs that she is responsible for as well. This is too deep of a topic and varies too much for each operation. Here is another question, whom makes your house payments and up keeps etc. Is that for you and you wives outside income or are the cattle responsible for that as well ? It is each apples to oranges and every operation is different, especially since some like to live in a modest home and drive a 20 year old vehicle and others like to live in upgraded homes with all the bells and whistles and drive a new pick up. Plus our cattle setups are different, some like all the newest technology and fancy equipment and others like to get by with the bare minimums. [/QUOTE]
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