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Cattleman of the Future?
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<blockquote data-quote="john250" data-source="post: 500217" data-attributes="member: 4406"><p>There is an occasional story of an older couple who find the right young couple to take over and cut them a break. Emphasis on "occasional". </p><p>I know a grand total of (one) farming family which seems to pass control smoothly from generation to generation. I don't know a lot about how they work, but they seem to accept roles within the operation and they work really long hours. They don't go in to town very often. It is hard to find a non-farmer who knows anything about them. I guess their property taxes are in 6 figures. Operating budget is probably around a million. Not one ever went to college (I fault them for that, but it works for them) and they generate a lot of $ out of their shop. Its a nice shop. They can fix most any machine. </p><p>Their path to prosperity was a dairy. A good one of course. It is a steady paycheck, and that is a must. </p><p>Parents are lovingly unable to choose among their children, in most cases. And each family supported requires a near million dollar investment. So you can see why the farms and ranches get sold. It is easier to divide $ than to divide land. Parents who want their legacy to continue will designate ONE heir to the land and give cash to the others. Sticky business, that.</p></blockquote><p></p>
[QUOTE="john250, post: 500217, member: 4406"] There is an occasional story of an older couple who find the right young couple to take over and cut them a break. Emphasis on "occasional". I know a grand total of (one) farming family which seems to pass control smoothly from generation to generation. I don't know a lot about how they work, but they seem to accept roles within the operation and they work really long hours. They don't go in to town very often. It is hard to find a non-farmer who knows anything about them. I guess their property taxes are in 6 figures. Operating budget is probably around a million. Not one ever went to college (I fault them for that, but it works for them) and they generate a lot of $ out of their shop. Its a nice shop. They can fix most any machine. Their path to prosperity was a dairy. A good one of course. It is a steady paycheck, and that is a must. Parents are lovingly unable to choose among their children, in most cases. And each family supported requires a near million dollar investment. So you can see why the farms and ranches get sold. It is easier to divide $ than to divide land. Parents who want their legacy to continue will designate ONE heir to the land and give cash to the others. Sticky business, that. [/QUOTE]
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