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Can I make a living off of cattle
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<blockquote data-quote="cross_7" data-source="post: 885883" data-attributes="member: 8382"><p>you have gotten some real good advice and a lot negativity.</p><p>i'll try a give you some information so you can figure it out yourself.</p><p>your biggest investment will be your land, you might be able to lease some land but you will be at someone elses mercy by doing so.</p><p>the tough part is getting the land paid for, most times cows won't make the land payment</p><p>you don't say where your located so i'll just make up a scenario of how many acres a cow will require.</p><p>example </p><p></p><p>32 cows at 5 acres each equals 160 acres</p><p>160 acres x 2000.00 per acre equals 320000.00</p><p>a loan with 25% down equals 80000.00 down</p><p>240000.00 financed @ 7% for 20 yrs equals</p><p>22320.00 a year</p><p> still need money to buy cows </p><p>say 32 at 1200.00 a head 38400.00</p><p>so thats 38400.00</p><p>plus 80000.00 </p><p>out of pocket</p><p></p><p>32 cows at 90% calving rate is 28 calves</p><p>(lots of variables)</p><p>lets say everything goes well and you are able to sell all calves(heifers&steers) @ 550# @ 1.30</p><p>that equals 715.00 per head x 28 head equals 20020.00</p><p>land payment is 22320.00 your short 2300.00</p><p></p><p>you still have hay cost, salt/mineral, vaccinations, worming, basic fence, water, equipment up keep, fuel cost, and the list goes on and on.</p><p></p><p>then there is taxes and insurance.</p><p></p><p></p><p>but what if the land was paid for ? <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big grin :D" loading="lazy" data-shortname=":D" /> </p><p></p><p>there lots better ways to make a living but i've been working entire life with the hopes of some day i can put enough land and cattle together to provide a living for me and my family.</p></blockquote><p></p>
[QUOTE="cross_7, post: 885883, member: 8382"] you have gotten some real good advice and a lot negativity. i'll try a give you some information so you can figure it out yourself. your biggest investment will be your land, you might be able to lease some land but you will be at someone elses mercy by doing so. the tough part is getting the land paid for, most times cows won't make the land payment you don't say where your located so i'll just make up a scenario of how many acres a cow will require. example 32 cows at 5 acres each equals 160 acres 160 acres x 2000.00 per acre equals 320000.00 a loan with 25% down equals 80000.00 down 240000.00 financed @ 7% for 20 yrs equals 22320.00 a year still need money to buy cows say 32 at 1200.00 a head 38400.00 so thats 38400.00 plus 80000.00 out of pocket 32 cows at 90% calving rate is 28 calves (lots of variables) lets say everything goes well and you are able to sell all calves(heifers&steers) @ 550# @ 1.30 that equals 715.00 per head x 28 head equals 20020.00 land payment is 22320.00 your short 2300.00 you still have hay cost, salt/mineral, vaccinations, worming, basic fence, water, equipment up keep, fuel cost, and the list goes on and on. then there is taxes and insurance. but what if the land was paid for ? :D there lots better ways to make a living but i've been working entire life with the hopes of some day i can put enough land and cattle together to provide a living for me and my family. [/QUOTE]
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