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Boarding cattle or co-owning cattle?
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<blockquote data-quote="moocow" data-source="post: 193436" data-attributes="member: 1316"><p>Sounds like you have the land, how are the fences, facilities, water sources and pastures? These will be added expenses that will have to be put in to the contract if they don't exist. If neither of you have cattle at the moment, I would lean twards letting him buy the cows and lease the land to him, unless your end goal is to retain a cow/steer for yourself. Put everything in writing. Going to be doing this over the winter too? Who will buy hay and feed etc. Despite stories of deals going sour, if done right, this can be benificial for both. As an example, I board 20-30 cows from my wife's uncle from May-Sept. He worms all cows, including mine, when he drops them off and when he picks his up and I get free breeding from his registered bulls. We monitor the pastures and pull his cows off early if needed, but have'nt had the need to do that yet. He also brings over extra water tanks, supplies etc to help support the extra head count, then takes it back with the cows. This won't work with everyones situation, but it works for us.</p></blockquote><p></p>
[QUOTE="moocow, post: 193436, member: 1316"] Sounds like you have the land, how are the fences, facilities, water sources and pastures? These will be added expenses that will have to be put in to the contract if they don't exist. If neither of you have cattle at the moment, I would lean twards letting him buy the cows and lease the land to him, unless your end goal is to retain a cow/steer for yourself. Put everything in writing. Going to be doing this over the winter too? Who will buy hay and feed etc. Despite stories of deals going sour, if done right, this can be benificial for both. As an example, I board 20-30 cows from my wife's uncle from May-Sept. He worms all cows, including mine, when he drops them off and when he picks his up and I get free breeding from his registered bulls. We monitor the pastures and pull his cows off early if needed, but have'nt had the need to do that yet. He also brings over extra water tanks, supplies etc to help support the extra head count, then takes it back with the cows. This won't work with everyones situation, but it works for us. [/QUOTE]
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Boarding cattle or co-owning cattle?
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