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Non-Cattle Specific Topics
Coffee Shop
Cattle loan question?
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<blockquote data-quote="angus9259" data-source="post: 1388042" data-attributes="member: 7398"><p>I wouldn't pay more than $1000-1200 for a bred cow right now of any age. While this is probably the best opportunity for taking a loan to buy cows since money is cheap and cows are cheap, I still struggle to see the payout in the short term. </p><p></p><p>Do you keep your heifers or need to sell for cash flow? Depending on calf prices in your area, if I were going to take a loan I wonder about taking a loan to buy your heifers from yourself? That would give you a bump of 60 head pretty quick and you make the money.</p></blockquote><p></p>
[QUOTE="angus9259, post: 1388042, member: 7398"] I wouldn't pay more than $1000-1200 for a bred cow right now of any age. While this is probably the best opportunity for taking a loan to buy cows since money is cheap and cows are cheap, I still struggle to see the payout in the short term. Do you keep your heifers or need to sell for cash flow? Depending on calf prices in your area, if I were going to take a loan I wonder about taking a loan to buy your heifers from yourself? That would give you a bump of 60 head pretty quick and you make the money. [/QUOTE]
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