Cost

cowboy43":2gkydmln said:
What items did you figure for cost..? I believe you are accurate with the cost.

Every penny that went into their upkeep, taxes, meds, hay, fuel etc.
I have been tracking cost per day for decades. Gotta know if you got paying or welfare cows.
 
Bright Raven":2zjrin4k said:
Did you include cost of labor?

Yep I am tighter than a crabs butt and that's waterproof.
Cost were actually down a little this year compared to last, thank goodness.
So were cow prices.
I contributed the lower cost to our extremely mild winter last year along with lower fuel and fertilizer prices.
 
Caustic Burno":1yu4r5l8 said:
Bright Raven":1yu4r5l8 said:
Did you include cost of labor?

Yep I am tighter than a crabs butt and that's waterproof.
Cost were actually down a little this year compared to last, thank goodness.
So were cow prices.
I contributed the lower cost to our extremely mild winter last year along with lower fuel and fertilizer prices.

Thank you.
 
I figured the break even price based on my sales at 1.70 .
That number could get crazy high quick.
Lot factors in there depending on debt load operating cost, pricing in your area.
 
I honestly don't see how it's possible to make money with cattle. Between land, truck, tractor, taxes and insurance payments, a smaller operation can't do it. I have enough problems getting the cows to pay for themselves, the deer and a new tractor.
Sometimes I think I'd be better off doing nothing, but I tried that, and it's no fun.
 
True Grit Farms":22v6r18x said:
I honestly don't see how it's possible to make money with cattle. Between land, truck, tractor, taxes and insurance payments, a smaller operation can't do it. I have enough problems getting the cows to pay for themselves, the deer and a new tractor.
Sometimes I think I'd be better off doing nothing, but I tried that, and it's no fun.

The only I can see is debt free.
My new tractor is 07 Model followed by a 77 Model sold the 67 like an idiot.
 
I haven't figured mine, but I will eventually. I'm not through spending money for the year yet. Your numbers usually mirror mine pretty closely. I have slipped below a dollar a time or two. Some Mohican will post on this thread, that they can keep a cow for a year, with 4 rolls of hay and a bag of mineral. I guess it's all in the management. :shock:
 
Caustic Burno":1sq7r3b4 said:
I figured the break even price based on my sales at 1.70 .
That number could get crazy high quick.
Lot factors in there depending on debt load operating cost, pricing in your area.
with a herd of longhorns you could cut that cost in half..
 
ALACOWMAN":10uma4yi said:
Caustic Burno":10uma4yi said:
I figured the break even price based on my sales at 1.70 .
That number could get crazy high quick.
Lot factors in there depending on debt load operating cost, pricing in your area.
with a herd of longhorns you could cut that cost in half..

But the sale price would go down 80%.
 
Caustic Burno":21uf4y21 said:
ALACOWMAN":21uf4y21 said:
Caustic Burno":21uf4y21 said:
I figured the break even price based on my sales at 1.70 .
That number could get crazy high quick.
Lot factors in there depending on debt load operating cost, pricing in your area.
with a herd of longhorns you could cut that cost in half..

But the sale price would go down 80%.

Yeah but consider your savings on income taxes. ;-)
 
Thanks to everyone that shared their costs. One question I have is how do you figure the price of equipment? Just depreciate it over 5 or 10 years? And then after that just use the cost of repairs and maintenance?
 
Just get a job in town and pay for the equipment out of it. Keeps the cost of running the cattle down since it doesnt need to come out of that pot.

:lol:
 

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