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Financing your herd.
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<blockquote data-quote="Brandonm2" data-source="post: 139577" data-attributes="member: 2095"><p>The Lord knows that I am tight with a nickle; but I think that high prices is NOT really a reason NOT to buy cows. Sure none of us can remember 600 pound heifers selling (for beef) at $610 a head (using Cattle Today's current Alabama price) But in the LONG TERM is it really going to matter if we got into the business with $350 heifers?, $610 heifers, or paid a premium and bought $1100 heifers? If you figure the productive life of a typical cow at 11 years the cost per cow per year is only $32, $56, and $100 a head per year BEFORE you calculate in the salvage value on the cow (people who bought commercial cattle 10-12 years ago are actually recovering twice the value out of their old cows than they had in them). IF you have the coin and (most imporatantly) the grass and you believe you have the knowledge, time, finances, and other resources to make money in the cow business I say GO for it!!</p></blockquote><p></p>
[QUOTE="Brandonm2, post: 139577, member: 2095"] The Lord knows that I am tight with a nickle; but I think that high prices is NOT really a reason NOT to buy cows. Sure none of us can remember 600 pound heifers selling (for beef) at $610 a head (using Cattle Today's current Alabama price) But in the LONG TERM is it really going to matter if we got into the business with $350 heifers?, $610 heifers, or paid a premium and bought $1100 heifers? If you figure the productive life of a typical cow at 11 years the cost per cow per year is only $32, $56, and $100 a head per year BEFORE you calculate in the salvage value on the cow (people who bought commercial cattle 10-12 years ago are actually recovering twice the value out of their old cows than they had in them). IF you have the coin and (most imporatantly) the grass and you believe you have the knowledge, time, finances, and other resources to make money in the cow business I say GO for it!! [/QUOTE]
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