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First Timer Buying Feedlot Cattle
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<blockquote data-quote="Texas PaPaw" data-source="post: 1242465" data-attributes="member: 2905"><p>If we're me would only have a max of 25% ownership of any pen being fed at first. This will minimize your investment/risk and will make the yard have most of the risk in any particular pen. When/as you build more equity add additional pens of cattle but keep your % at 25 to spread your risk in any single pen of cattle until you have several years experience. If Feedyard is not willing to own 75% interest and let you have 25% need to find another yard that will. As many empty pens as there are in Tx panhandle shouldn't be difficult to find a good yard that will partner with you as custom feeding customers have gotten scarce over the past 5-6 years.</p><p></p><p>Would also wait until fall to place the first pen as the seasonal market fluctuations should be more favorable then. </p><p></p><p>Just another 2 cents worth.</p></blockquote><p></p>
[QUOTE="Texas PaPaw, post: 1242465, member: 2905"] If we're me would only have a max of 25% ownership of any pen being fed at first. This will minimize your investment/risk and will make the yard have most of the risk in any particular pen. When/as you build more equity add additional pens of cattle but keep your % at 25 to spread your risk in any single pen of cattle until you have several years experience. If Feedyard is not willing to own 75% interest and let you have 25% need to find another yard that will. As many empty pens as there are in Tx panhandle shouldn't be difficult to find a good yard that will partner with you as custom feeding customers have gotten scarce over the past 5-6 years. Would also wait until fall to place the first pen as the seasonal market fluctuations should be more favorable then. Just another 2 cents worth. [/QUOTE]
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