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HOW BIG A HERD TO MAKE IT A FULL TIME JOB??
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<blockquote data-quote="fitz" data-source="post: 932890" data-attributes="member: 1306"><p>I've often wondered what the magic number would be. I always figured if I got there things would change and certainly impact that number.</p><p>I have the utmost respect for those who run cattle for a living. I've fooled with them for a long time but always had a outside source of income.</p><p>I am glad for all of us for current market prices, but I've sold them for a heck of alot less over the years. I've watched input cost follow cattle prices up but I can't remember any coming back down when cattle prices dropped. </p><p>There are so many variables to be considered in running livestock. So much unforeseen. It was mentioned having equipment that is paid for. If you're going to produce your own feed the you're going to need equipment. Equipment wears out and has to be replaced. I don't like being at the mercy of others and buying hay. Working with what Mother Nature allows is challenge enough.</p><p>Like it or not, we're in a global economy. Things out there are much more iffy than I care to think on for any length of time. With what little I know, if I didn't have cattle today I would not take the gamble. Just the initial cost of those cow numbers you guys are talking is more than I could handle. If I had that money it wouldn't go in cattle.</p><p> For those who are getting in at today's market, truly I wish only the best. I figure if someone is buying in now and able to make it work over the long term I'm probably making a little also.</p><p></p><p>fitz</p></blockquote><p></p>
[QUOTE="fitz, post: 932890, member: 1306"] I've often wondered what the magic number would be. I always figured if I got there things would change and certainly impact that number. I have the utmost respect for those who run cattle for a living. I've fooled with them for a long time but always had a outside source of income. I am glad for all of us for current market prices, but I've sold them for a heck of alot less over the years. I've watched input cost follow cattle prices up but I can't remember any coming back down when cattle prices dropped. There are so many variables to be considered in running livestock. So much unforeseen. It was mentioned having equipment that is paid for. If you're going to produce your own feed the you're going to need equipment. Equipment wears out and has to be replaced. I don't like being at the mercy of others and buying hay. Working with what Mother Nature allows is challenge enough. Like it or not, we're in a global economy. Things out there are much more iffy than I care to think on for any length of time. With what little I know, if I didn't have cattle today I would not take the gamble. Just the initial cost of those cow numbers you guys are talking is more than I could handle. If I had that money it wouldn't go in cattle. For those who are getting in at today's market, truly I wish only the best. I figure if someone is buying in now and able to make it work over the long term I'm probably making a little also. fitz [/QUOTE]
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HOW BIG A HERD TO MAKE IT A FULL TIME JOB??
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