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Can I make a living off of cattle
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<blockquote data-quote="ddg1263" data-source="post: 885929" data-attributes="member: 8445"><p>I really hate to discourage you from following your passion in life. However, you need to understand the obstacles you will face when tryng to pay key bills to make it through life. The cow Calf business is a very difficult business to make it in financially. Cross 7 did an execellant job showing you some of the cost in a cow Calf operation. Just know that it takes abut 3 to 4 bales of hay to winter a cow. Normally you would spend about 55 dollars a bale for the hay. I put 10 dollars in the price for transportation cost. And you will need some protien in their diet as well. So before you spend the 715 a head to pay for that land you need to subtract the 220 bucks for hay costs... And then you have your protien cost on top of that... It would be hard to set a price on this because it does depend if you calf in the spring or fall.... If your cows are lactating in through the winter they need the added protien to make milk for their babies. </p><p></p><p>I want to encourage you to follow in your dads footsteps and just buckle down and become a vet...once you have that degree no one can take it away from you, and you will always have a way to make a decent living for your family. Vets are known for hard work for little pay, but it sure beats the pay for a rancher. Then use the money you earn from being a vet and start a cattle business. You will never regret the 7 to 8 years you invested in getting this degree. You will meet so many great young people who are at your same age and develop friendships that will last a lifetime. Getting a two year degree in ranching will be a waste of money and time. Set your sites on a specialized field work hard at getting it...</p><p></p><p>The People who make the good money in the cattle business are the large packer plants. They have the money edge over the whole business cycle, and it can not be pierced in your lifetime. The feedlot guy make decent money too if you are in the right niche, but I have seen them get squeezed out when markets are horrible. However, as a vet you can make a go at these businesses after you graduate. It will actually fit in really well with your degree.</p><p></p><p>I also want to point out that these market conditions are just temporary. Historically, the cattle market is brutally hard on the cow calf guy. Where people getting 715 a head for a calf now they normally got 515 a head, and that was if all was really good. So be aware that these prices probably will not be available in a couple of years when Texas gets back on their feet...</p></blockquote><p></p>
[QUOTE="ddg1263, post: 885929, member: 8445"] I really hate to discourage you from following your passion in life. However, you need to understand the obstacles you will face when tryng to pay key bills to make it through life. The cow Calf business is a very difficult business to make it in financially. Cross 7 did an execellant job showing you some of the cost in a cow Calf operation. Just know that it takes abut 3 to 4 bales of hay to winter a cow. Normally you would spend about 55 dollars a bale for the hay. I put 10 dollars in the price for transportation cost. And you will need some protien in their diet as well. So before you spend the 715 a head to pay for that land you need to subtract the 220 bucks for hay costs... And then you have your protien cost on top of that... It would be hard to set a price on this because it does depend if you calf in the spring or fall.... If your cows are lactating in through the winter they need the added protien to make milk for their babies. I want to encourage you to follow in your dads footsteps and just buckle down and become a vet...once you have that degree no one can take it away from you, and you will always have a way to make a decent living for your family. Vets are known for hard work for little pay, but it sure beats the pay for a rancher. Then use the money you earn from being a vet and start a cattle business. You will never regret the 7 to 8 years you invested in getting this degree. You will meet so many great young people who are at your same age and develop friendships that will last a lifetime. Getting a two year degree in ranching will be a waste of money and time. Set your sites on a specialized field work hard at getting it... The People who make the good money in the cattle business are the large packer plants. They have the money edge over the whole business cycle, and it can not be pierced in your lifetime. The feedlot guy make decent money too if you are in the right niche, but I have seen them get squeezed out when markets are horrible. However, as a vet you can make a go at these businesses after you graduate. It will actually fit in really well with your degree. I also want to point out that these market conditions are just temporary. Historically, the cattle market is brutally hard on the cow calf guy. Where people getting 715 a head for a calf now they normally got 515 a head, and that was if all was really good. So be aware that these prices probably will not be available in a couple of years when Texas gets back on their feet... [/QUOTE]
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