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Cow-Calf profit for newbie!
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<blockquote data-quote="farmerjan" data-source="post: 1701200" data-attributes="member: 25884"><p>From what has been posted, I tend to agree with [USER=968]@Jeanne - Simme Valley[/USER] in most all ways. I think that the 90 head is more likely to be 40-50 head of mature cattle and the rest calves of varying sizes. If Grandpa does not "depend on them" for his daily living, then he probably does just sell some as they get bigger and he needs a little extra cash or to pay the taxes or something like that. The bull is most likely in there, because it is easiest.... and because at his age, messing with a bull might not be in his best interests.... he might not have the fences to keep a bull in a separate bull lot....he might not even be able to get the bull in. And at his age it is prudent to not put himself in a position to get hurt. I am also thinking that he might not be banding the calves so is selling young bulls rather than steers. There is anywhere from a $.10 to a $.40 dock on bull calves over steer calves... again it may be because he is not able to get them castrated. I see it alot here with the older farmers. No one to help them, facilities not as workable or as sturdy... and most are not as user friendly for a single person working their cattle. </p><p></p><p>There are things that you let go because you cannot do it by yourself. But, to give up his cattle would be giving up a part of his reason for being. If your wife really likes what she does, then her keeping a full time job is the best. Do like you said, take a year or so.... HELP grandpa and see what he is doing. As was suggested, go to the stockyard/sale barn and see what sells, get a feel for it. You will be surprised what you can learn just by sitting and watching and listening. Grandpa would probably like to have some company to do some of that stuff too. He might be more inclined to make changes if someone could help him... and still feel like he is contributing. And as you get a feel for it, you will see what the time frame is for doing stuff... and find something part-time for you to do.... </p><p>Alot too will depend on how you and your wife live... what your expenses are and what you are willing to do without or do with less. How "high on the hog" do you live now? New vehicles, dinners out, expensive tastes?????</p><p>Another thing to consider... if the equipment is older, and according to what kind of shape it is in.... for a 5 acre field, what about having the hay made custom if necessary? It is hard to justify new or newer used for that small of a hay field....Surely there might be someone there to either just outright pay to make it or work out some sort of agreement... and maybe you are a whiz mechanic and can make anything keep on working....</p></blockquote><p></p>
[QUOTE="farmerjan, post: 1701200, member: 25884"] From what has been posted, I tend to agree with [USER=968]@Jeanne - Simme Valley[/USER] in most all ways. I think that the 90 head is more likely to be 40-50 head of mature cattle and the rest calves of varying sizes. If Grandpa does not "depend on them" for his daily living, then he probably does just sell some as they get bigger and he needs a little extra cash or to pay the taxes or something like that. The bull is most likely in there, because it is easiest.... and because at his age, messing with a bull might not be in his best interests.... he might not have the fences to keep a bull in a separate bull lot....he might not even be able to get the bull in. And at his age it is prudent to not put himself in a position to get hurt. I am also thinking that he might not be banding the calves so is selling young bulls rather than steers. There is anywhere from a $.10 to a $.40 dock on bull calves over steer calves... again it may be because he is not able to get them castrated. I see it alot here with the older farmers. No one to help them, facilities not as workable or as sturdy... and most are not as user friendly for a single person working their cattle. There are things that you let go because you cannot do it by yourself. But, to give up his cattle would be giving up a part of his reason for being. If your wife really likes what she does, then her keeping a full time job is the best. Do like you said, take a year or so.... HELP grandpa and see what he is doing. As was suggested, go to the stockyard/sale barn and see what sells, get a feel for it. You will be surprised what you can learn just by sitting and watching and listening. Grandpa would probably like to have some company to do some of that stuff too. He might be more inclined to make changes if someone could help him... and still feel like he is contributing. And as you get a feel for it, you will see what the time frame is for doing stuff... and find something part-time for you to do.... Alot too will depend on how you and your wife live... what your expenses are and what you are willing to do without or do with less. How "high on the hog" do you live now? New vehicles, dinners out, expensive tastes????? Another thing to consider... if the equipment is older, and according to what kind of shape it is in.... for a 5 acre field, what about having the hay made custom if necessary? It is hard to justify new or newer used for that small of a hay field....Surely there might be someone there to either just outright pay to make it or work out some sort of agreement... and maybe you are a whiz mechanic and can make anything keep on working.... [/QUOTE]
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