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<blockquote data-quote="johnd_125" data-source="post: 566023" data-attributes="member: 8478"><p>If the main goal is supplemental income, you would probably be better off to sell the cows, the machinery and rent out the land.</p><p></p><p>But I suspect you're like alot of us and you have other reasons for doing what you do. Why can't you have cows AND hay? Take part of your acreage and reserve for hay and cull out a few cows. The advantage to that is that you don't depend on others for your hay and you can raise better, higher yielding hay. </p><p></p><p>I'm in a similar situation with about 50 acres and 10 cows. Half my acreage is brush/timber and I want to leave it that way. Even though I have about $5000 tied up in my equipment I know it probably doesn't make good financial sense. I only need 30-40 bales of hay per year. But I like doing it and I feel like my kids have learned something about farming they wouldn't know if I was just collecting rent on the land. Its hard to put a value on that.</p></blockquote><p></p>
[QUOTE="johnd_125, post: 566023, member: 8478"] If the main goal is supplemental income, you would probably be better off to sell the cows, the machinery and rent out the land. But I suspect you're like alot of us and you have other reasons for doing what you do. Why can't you have cows AND hay? Take part of your acreage and reserve for hay and cull out a few cows. The advantage to that is that you don't depend on others for your hay and you can raise better, higher yielding hay. I'm in a similar situation with about 50 acres and 10 cows. Half my acreage is brush/timber and I want to leave it that way. Even though I have about $5000 tied up in my equipment I know it probably doesn't make good financial sense. I only need 30-40 bales of hay per year. But I like doing it and I feel like my kids have learned something about farming they wouldn't know if I was just collecting rent on the land. Its hard to put a value on that. [/QUOTE]
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