I'm certain there are some folks making money in cattle..several different ways too.
I think backhoeboogie hit the nail on the head when he used the word RECENTLY in his earlier post.
Every one of the successful(meaning dont work off farm) outfits near me is running minimum 200 broad cows, is 4th generation (or made their money in another career, retired and is spending big retirement money to make a go)..also 4th gen families land was bought 80-100 years ago, still being row cropped on many of the acres. Diversity.
One of the bigger guys around us retired from a very successful engineering/production
career. Told us point blank, always been my dream to own cattle. So I'm doing it. He does it big too. Everything is high end, no short cuts. A real show place. Kinda place any one would be proud to have. Has great cattle too, real heavy into quality genetics...he also said he is blowing his retirement and all the loot he made (read millionaire) faster than he dreamed possible. Point is, im sure folks make some money at it...if they got the one bought and paid for cheap..but you sure ain't going to start up around here buying 8-10 grand an acre ground on a note, run beef on it and have it pay for itself and your livelihood...the numbers just dont add up. It's basic math..anybody here has cattle, also has hogs, row crops, inherited land, and or a trust fund2