Nesikep
Well-known member
I think the cost of keeping cows is very dependent on area, management, cattle type, etc. Since I know my income will always be limited, I try staying alive by keeping costs down. I buy good used tractors that need some work, but have life left in them. A good example is the MF 165 we bought at least 10 years ago with 1800 hrs for $5500. The only cost we've had on it was a tire, and it's at 3000 hrs now, and we could sell it for what we paid for it easily, so those are pretty darned cheap hours compared to the writedown on a new $50,000 unit even if you don't use it much.
I don't see asking how many cows someone has as indiscreet, though it does depend on the attitude and intent of the person. Same goes for how much land we have.. I usually quote the arable acres, because the 100 acres of bush we have is really worthless.
I think many have summed it up pretty good as to what makes a hobby farmer, though there are some gray zones..
Not hobby farmer... *tries* to make a profit
Hobby farmer... *tries* to make expenses
I don't see asking how many cows someone has as indiscreet, though it does depend on the attitude and intent of the person. Same goes for how much land we have.. I usually quote the arable acres, because the 100 acres of bush we have is really worthless.
I think many have summed it up pretty good as to what makes a hobby farmer, though there are some gray zones..
Not hobby farmer... *tries* to make a profit
Hobby farmer... *tries* to make expenses