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Cattle Boards
Grasses, Pastures & Hay
Figuring profit per cow
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<blockquote data-quote="tnwalkingred" data-source="post: 1084236" data-attributes="member: 14434"><p>This question is a very old debate and it seems like no one ever figures it the same way and the majority say they don't make any money on cattle. If this was true however why are so many of us in the cattle business? I would like to know how many on this site make a living solely on cattle? No hay sales, no grain sales, and no other non farm income? I'm willing to bet this number is VERY low. The majority of us make our living on something other than cattle. This is not to say we don't make money on them but it does make it much harder to standardize input costs. We all have various opinions on what should and should not be included in costs. For many of us it's a hobby and that in turn makes it easy to justify not including certain costs. On the flip side of things I also know that most farmers consider their cattle crop as their cash crop. It seems they are the one steady source of income compared to hay and grain sales. I have a good friend who has made a living on nothing but hay and cattle his entire life but will tell you he's never made a dime. He brand new john Deere cab tractors and pickup trucks tell a different story however. I would say most of us assume it's pretty cut and dry what we make at a 9-5 job per year but those same people never include their drive time to work, costs of a baby sitter, or wear and tear on their vehicle. They also don't include the cost of education that they use in their day to day jobs. I bet if a man making 100k a year working in the corporate world figured everything some on here say we should figure in the cattle business that he would be right on board with the rest of us saying we never make any money! Lol</p><p></p><p>At the days end we should all do what we love and if that love is cattle then go for it. I have found that it's one of the most rewarding hobbies I've ever had and it's a whole lot cheaper than playing golf 7 days a week!</p><p></p><p>Kyle</p></blockquote><p></p>
[QUOTE="tnwalkingred, post: 1084236, member: 14434"] This question is a very old debate and it seems like no one ever figures it the same way and the majority say they don't make any money on cattle. If this was true however why are so many of us in the cattle business? I would like to know how many on this site make a living solely on cattle? No hay sales, no grain sales, and no other non farm income? I'm willing to bet this number is VERY low. The majority of us make our living on something other than cattle. This is not to say we don't make money on them but it does make it much harder to standardize input costs. We all have various opinions on what should and should not be included in costs. For many of us it's a hobby and that in turn makes it easy to justify not including certain costs. On the flip side of things I also know that most farmers consider their cattle crop as their cash crop. It seems they are the one steady source of income compared to hay and grain sales. I have a good friend who has made a living on nothing but hay and cattle his entire life but will tell you he's never made a dime. He brand new john Deere cab tractors and pickup trucks tell a different story however. I would say most of us assume it's pretty cut and dry what we make at a 9-5 job per year but those same people never include their drive time to work, costs of a baby sitter, or wear and tear on their vehicle. They also don't include the cost of education that they use in their day to day jobs. I bet if a man making 100k a year working in the corporate world figured everything some on here say we should figure in the cattle business that he would be right on board with the rest of us saying we never make any money! Lol At the days end we should all do what we love and if that love is cattle then go for it. I have found that it's one of the most rewarding hobbies I've ever had and it's a whole lot cheaper than playing golf 7 days a week! Kyle [/QUOTE]
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