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How many cows to be full-time Rancher?
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<blockquote data-quote="Beef11" data-source="post: 176747" data-attributes="member: 2705"><p>I'm not an accounting man by trade but i use an oppritunity cost system to validate seperate enterprises. Hay put up is sold to the cows at fair market value. Pasture is rented from the land account at $15-20 per AUM. All are fair market value. This gives me an overview of what i'm making off my cows and not off of my land or farming. If the cattle number comes up negative i would be better off that year selling feed and renting pasture. When i first started i technically lost money due to my time involved. I knew that with time figured in on a small number of cattle i would have a hard time making an efficent go of it. My time was what i paid for the less tangible benefits of cattle.</p></blockquote><p></p>
[QUOTE="Beef11, post: 176747, member: 2705"] I'm not an accounting man by trade but i use an oppritunity cost system to validate seperate enterprises. Hay put up is sold to the cows at fair market value. Pasture is rented from the land account at $15-20 per AUM. All are fair market value. This gives me an overview of what i'm making off my cows and not off of my land or farming. If the cattle number comes up negative i would be better off that year selling feed and renting pasture. When i first started i technically lost money due to my time involved. I knew that with time figured in on a small number of cattle i would have a hard time making an efficent go of it. My time was what i paid for the less tangible benefits of cattle. [/QUOTE]
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How many cows to be full-time Rancher?
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