Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
Cattle people/ farmers are getting old.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Aaron" data-source="post: 1730676" data-attributes="member: 1682"><p>Most of North America's land base was priced out of livestock production decades ago. Look at how many producers rely on off-farm income to survive. That is not the image of a viable self-sustaining business. </p><p></p><p>You can drive school bus here and make 80k a year. Work at the local gold mine, 12 hour days, 7 days on/4 off and every job is 100k+, trades like electrician are doing $130-140k at the mine. I have a hard time cracking $100k gross at times and 80hrs is a slow week for me. Haying season I do 110-120 hrs. Not unusual to be in tractor seat for 8-10 hours straight, every day, in summer. How many guys want that life? You have to be completed obsessed with cows like me to even rationalize investing that amount of your life to get a portion of what other people make.</p><p></p><p>Land values jumping fast here this winter. One neighbor got in on 160 acres of almost completely scrub brush for $160k. Neighborhood was surprised his wife let him buy it as she retired from teaching last year and told him no more of her paycheck was subsidizing the cows. Big grain operation 15 miles to the west is buying premium open fields for $2k/acre. </p><p></p><p>Guys who paid those same land values, 40 years ago here, all went bankrupt. Same thing could happen again if interest rates start climbing with any vigor.</p></blockquote><p></p>
[QUOTE="Aaron, post: 1730676, member: 1682"] Most of North America's land base was priced out of livestock production decades ago. Look at how many producers rely on off-farm income to survive. That is not the image of a viable self-sustaining business. You can drive school bus here and make 80k a year. Work at the local gold mine, 12 hour days, 7 days on/4 off and every job is 100k+, trades like electrician are doing $130-140k at the mine. I have a hard time cracking $100k gross at times and 80hrs is a slow week for me. Haying season I do 110-120 hrs. Not unusual to be in tractor seat for 8-10 hours straight, every day, in summer. How many guys want that life? You have to be completed obsessed with cows like me to even rationalize investing that amount of your life to get a portion of what other people make. Land values jumping fast here this winter. One neighbor got in on 160 acres of almost completely scrub brush for $160k. Neighborhood was surprised his wife let him buy it as she retired from teaching last year and told him no more of her paycheck was subsidizing the cows. Big grain operation 15 miles to the west is buying premium open fields for $2k/acre. Guys who paid those same land values, 40 years ago here, all went bankrupt. Same thing could happen again if interest rates start climbing with any vigor. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
Cattle people/ farmers are getting old.
Top