Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Feedyard Board
First Timer Buying Feedlot Cattle
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="madmax83" data-source="post: 1242464" data-attributes="member: 23831"><p>I appreciate everyone's comments and information thus far. I can see by some of your comments that many of you are feeling I may be a tad bit crazy, and perhaps I am, however this feedlot has a proven track record with this specific situation. Matter of fact feeding spotted cows from another part of the country in North Texas is not an uncommon phenomenon. I may in fact partner with the manager on this pen, I don't have specifics yet. The manager will ensure the cattle are established in the yard before he sales them i.e. health is stable and have been on feed a few weeks. That will determine the headcount available to me for purchase, and then my banker will determine what he will allow me to do as I am planning to finance the calves and the feed. I personally know the Vet and Nutritionist for the yard as well and they have my faith.</p><p></p><p>As I mentioned before I am not looking for an instance success formula, I am looking to establish a business for the long run. If I can make a few bucks a head on this go round to put back into the next and gain experience I'll be happy. Also I am the software tech for the feedlot, managing their bunk and animal health systems, so I have rare insight to performance from similar pens.</p><p></p><p>I guess my concerns at this point are, how will the medicine bills play into everything? Do I need to borrow more in expectation of that and other circumstances? What types of lending are available? I understand that these are questions I need to ask to the appropriate folks however those of you that have experience I do certainly appreciate your insight.</p></blockquote><p></p>
[QUOTE="madmax83, post: 1242464, member: 23831"] I appreciate everyone's comments and information thus far. I can see by some of your comments that many of you are feeling I may be a tad bit crazy, and perhaps I am, however this feedlot has a proven track record with this specific situation. Matter of fact feeding spotted cows from another part of the country in North Texas is not an uncommon phenomenon. I may in fact partner with the manager on this pen, I don't have specifics yet. The manager will ensure the cattle are established in the yard before he sales them i.e. health is stable and have been on feed a few weeks. That will determine the headcount available to me for purchase, and then my banker will determine what he will allow me to do as I am planning to finance the calves and the feed. I personally know the Vet and Nutritionist for the yard as well and they have my faith. As I mentioned before I am not looking for an instance success formula, I am looking to establish a business for the long run. If I can make a few bucks a head on this go round to put back into the next and gain experience I'll be happy. Also I am the software tech for the feedlot, managing their bunk and animal health systems, so I have rare insight to performance from similar pens. I guess my concerns at this point are, how will the medicine bills play into everything? Do I need to borrow more in expectation of that and other circumstances? What types of lending are available? I understand that these are questions I need to ask to the appropriate folks however those of you that have experience I do certainly appreciate your insight. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Feedyard Board
First Timer Buying Feedlot Cattle
Top