MTplainsman
Member
I could use your help and ideas. Any kind of help would be appreciated, but I need advice based on experience, not assumptions or guesses. Heres the deal...
I am facing the point of selling near half my herd by next spring, due to old age. I bought this half as "short termers" and got two good years out of them. They "must" sell before they go rough on me! Some are already showing thier age.
Now then, I have a smaller herd of 120 cows. I have to sell roughly half or more of this number. I figure when all is said and done, I will let go 65-70 head. I have only had cows now for two years, and of course they are a "l-o-n-g" ways from being payed off as well as turning much of a profit for me. So, here I am, facing to buy back expensive cows in the spring, in which will keep me in debt for so much longer.
I have been pushing around the idea of keeping just 30 pairs, enough for a herd bull, and just take on bout 90 or so lease cows. Is there any sand to this leasing idea? Is this a reasonable option for a profit these days? What are things I should concider going this route? How do you make leasing work? What's the "share" ratio? What must I supply? What must they supply? PLEASE! I need any words on this subject I can get. I thank you all for any help. Joel
I am facing the point of selling near half my herd by next spring, due to old age. I bought this half as "short termers" and got two good years out of them. They "must" sell before they go rough on me! Some are already showing thier age.
Now then, I have a smaller herd of 120 cows. I have to sell roughly half or more of this number. I figure when all is said and done, I will let go 65-70 head. I have only had cows now for two years, and of course they are a "l-o-n-g" ways from being payed off as well as turning much of a profit for me. So, here I am, facing to buy back expensive cows in the spring, in which will keep me in debt for so much longer.
I have been pushing around the idea of keeping just 30 pairs, enough for a herd bull, and just take on bout 90 or so lease cows. Is there any sand to this leasing idea? Is this a reasonable option for a profit these days? What are things I should concider going this route? How do you make leasing work? What's the "share" ratio? What must I supply? What must they supply? PLEASE! I need any words on this subject I can get. I thank you all for any help. Joel