Sounds like a good plan, ollie. Seems like all of the doctors and most of the lawyers can't wait to strike it rich so they can be "ranchers." Never seen a rancher go broke enough to want to be a doctor or lawyer.......ollie":m6mmroke said:I had a buddie that went broke ranching.. He said if he ever hit the lottery he was going to give out free doctoring and legal advice just to pay them back.
Craig-TX":apo3398s said:El_Putzo":apo3398s said:D.R. Cattle":apo3398s said:Cattle Rack Rancher":apo3398s said:I figure if you don't have 250 head, you are probably a hobby farmer. That's about how many head I'd figure I'd need to eke out a living as a cow/calf producer full time.
You can make a living with a lot less than 250 head in my neighborhood. Suppose it all depends on what your inputs are costing you.
Same here. I know several people making it on less than 100 cows. Some of them also raise row crops as well, with some being fed to the cows and some being sold for extra income.
Some interesting observations can be made if you look at a lot of the old timers that are gone now, who made it on 25, 50, or 75 head. One, their obituary said that they "farmed and ranched…" Two, they did farm and ranch. Three, as has been discussed here before, they didn't make a living at it. They found a way to live off what they made. Their expectations for a reasonable standard of living were miles away from most of ours. No a/c, older model car/truck, modest house, etc. They might be mostly gone but we can all still learn a lot from them.
Craig-TX
mwj":3guuozjk said:Well I was at the sale today and watched some pretty good hobby cattle sell :lol: Good ground in this area of the world sells for 3-4000 an acre for row crops, so we do not have many real cattle raisers. Those old hobby guys in there bibs and brogans,that run cattle on those odd 40 acres of rough ground, seem to be awfully lucky. There were a lot of light calves that were passed off as good calves and went for $1.35-51 to willing buyers. I forgot to ask at the pay window wether they felt bad about driving up the input costs of the real cattle producers Give me an idea how much they owe you texas folks and I will pass the hat next week :cboy:
mwj":9oqjzm6e said:Some of us are old enough to remember when Nebraska was not the meat packing hub of the world. We fed good cattle then and some still do
=Caustic Burro
Lot of truth in them words Craig. I was raised by a generation if you tore down an old barn you saved the lumber and straighted the nails. We did't throw anything away or buy what we didn't absolutely need. Never had to worry about the bank taking it away. I hear people talking about tractors, land, cattle they own, the bank owns them as they are in debt up to there eyeballs. Sooner or latter that debt has to be serviced.
And a lot of Nebraska feeders shipped their fats to Omaha and Sioux City. The Chicago yards has been closed down for dang near 35 yr, so not to many that were shipping there are still feeding cattle.mwj":fia6ejuu said:A lot of the people that raised and shipped those good fat cattle to Chicago stock yards still raise good cattle :cboy:
la4angus":26woemdm said:And a lot of Nebraska feeders shipped their fats to Omaha and Sioux City. The Chicago yards has been closed down for dang near 35 yr, so not to many that were shipping there are still feeding cattle.mwj":26woemdm said:A lot of the people that raised and shipped those good fat cattle to Chicago stock yards still raise good cattle :cboy:
So being from IlliNOISE makes you a hobby farmer for sure!!! You sure sound like you admire em a lot. Its not just the Texas folks that are hurt by that crap...everbody in REAL cow country is...and dont worry about asking your old sodbusters if they feel bad about running up costs...they dont...all they care about is what the support price is.mwj":n7ibe3gj said:Well I was at the sale today and watched some pretty good hobby cattle sell :lol: Good ground in this area of the world sells for 3-4000 an acre for row crops, so we do not have many real cattle raisers. Those old hobby guys in there bibs and brogans,that run cattle on those odd 40 acres of rough ground, seem to be awfully lucky. There were a lot of light calves that were passed off as good calves and went for $1.35-51 to willing buyers. I forgot to ask at the pay window wether they felt bad about driving up the input costs of the real cattle producers Give me an idea how much they owe you texas folks and I will pass the hat next week :cboy:
Hard to believe that this question comes up again. I guess I haven't been too surprised at some of the others that can't grasp this concept, but Mike I really can't believe that you don't get it. This is not that difficult to understand! A person that claims an ag use tax exemption is trying to keep more of his own money in his pocket. Money that was acquired due to his own labor/management/investment. On the other hand, the welfare recipient is taking money that was produced by the labor/management/investment of others. One tries to keep what he or she has earned, the other takes the earnings of those who have worked for it. Comprende? I sure as Hell hope so, because I don't know how to make it any more clear. Maybe somebody else can do better......mwj":3h9ohh25 said:Do any people that take a tax break for ag. use get lumped in with welfare? Not being nasty, just curious.
Texan":2i7olahl said:Hard to believe that this question comes up again. I guess I haven't been too surprised at some of the others that can't grasp this concept, but Mike I really can't believe that you don't get it. This is not that difficult to understand! A person that claims an ag use tax exemption is trying to keep more of his own money in his pocket. Money that was acquired due to his own labor/management/investment. On the other hand, the welfare recipient is taking money that was produced by the labor/management/investment of others. One tries to keep what he or she has earned, the other takes the earnings of those who have worked for it. Comprende? I sure as Hell hope so, because I don't know how to make it any more clear. Maybe somebody else can do better......mwj":2i7olahl said:Do any people that take a tax break for ag. use get lumped in with welfare? Not being nasty, just curious.
Texan":1tibw3zp said:Hard to believe that this question comes up again. I guess I haven't been too surprised at some of the others that can't grasp this concept, but Mike I really can't believe that you don't get it. This is not that difficult to understand! A person that claims an ag use tax exemption is trying to keep more of his own money in his pocket. Money that was acquired due to his own labor/management/investment. On the other hand, the welfare recipient is taking money that was produced by the labor/management/investment of others. One tries to keep what he or she has earned, the other takes the earnings of those who have worked for it. Comprende? I sure as Hell hope so, because I don't know how to make it any more clear. Maybe somebody else can do better......mwj":1tibw3zp said:Do any people that take a tax break for ag. use get lumped in with welfare? Not being nasty, just curious.