Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Grasses, Pastures & Hay
Ideas for changing times
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Starting late" data-source="post: 579793" data-attributes="member: 8634"><p>I forgot to mention. I have another 45 acres of pasture available at no cost. It is fenced, I just need to run the fence, make any repairs and turn the livestock in there. My current plan is to increase the herd slowly to about 40 head of producing breed cows, fatten 15 steers a year and sell 25 calves a year. $12,000 for calves at 500 lbs each and 15 steers would return about $17000. Expenses would be $2,000 year for fuel, $1,000 for wire, twine, bale wraps, $4,000 feed, $2,500 for fencings, water, feed bunks, etc., $1,000 cash rent for land, $1,000 for seed, $2,500 for fertilizer, $600 misc. gloves, boots, etc. Total expenses $14,600. Reciepts $29,000. $14,400 profit. If I can trim expenses some, do some custom work for neighbors, sell some hay, etc. maybe I could profit $20,000 a year. I have a chance to farm about 250 acres for reasonable cash rent. If I could profit $100 an acre on grain crops I could make another $25,000 there, IF all the equipment is older, smaller equipment and I pay cash for it. I started this enterprise aobut 7 years ago with 0 dollars by hauling iron for a friend, bought some cars and trucks repaired them and sold them, then bought and sold tractors and implement for a couple of years. From $0 I now own 40 head of stock, all my hay equipment, 2 tractors, etc. Everything is paid for (including 4x4 truck, Kawi mule, etc.). I could turn a bigger profit doing what I was doing before, but I enjoy the cattle and don't NEED the money to live on. I have a good job at the Post Office. Farming has been great for my wife and 2 sons, we love the life. I just want to make enough to be able to keep farming, and some day to be able to leave some equipment, a few old cows, and some land to my sons. I think it beats laying on the couch watching sports, sitting in the tavern, or chasing skirts.</p></blockquote><p></p>
[QUOTE="Starting late, post: 579793, member: 8634"] I forgot to mention. I have another 45 acres of pasture available at no cost. It is fenced, I just need to run the fence, make any repairs and turn the livestock in there. My current plan is to increase the herd slowly to about 40 head of producing breed cows, fatten 15 steers a year and sell 25 calves a year. $12,000 for calves at 500 lbs each and 15 steers would return about $17000. Expenses would be $2,000 year for fuel, $1,000 for wire, twine, bale wraps, $4,000 feed, $2,500 for fencings, water, feed bunks, etc., $1,000 cash rent for land, $1,000 for seed, $2,500 for fertilizer, $600 misc. gloves, boots, etc. Total expenses $14,600. Reciepts $29,000. $14,400 profit. If I can trim expenses some, do some custom work for neighbors, sell some hay, etc. maybe I could profit $20,000 a year. I have a chance to farm about 250 acres for reasonable cash rent. If I could profit $100 an acre on grain crops I could make another $25,000 there, IF all the equipment is older, smaller equipment and I pay cash for it. I started this enterprise aobut 7 years ago with 0 dollars by hauling iron for a friend, bought some cars and trucks repaired them and sold them, then bought and sold tractors and implement for a couple of years. From $0 I now own 40 head of stock, all my hay equipment, 2 tractors, etc. Everything is paid for (including 4x4 truck, Kawi mule, etc.). I could turn a bigger profit doing what I was doing before, but I enjoy the cattle and don't NEED the money to live on. I have a good job at the Post Office. Farming has been great for my wife and 2 sons, we love the life. I just want to make enough to be able to keep farming, and some day to be able to leave some equipment, a few old cows, and some land to my sons. I think it beats laying on the couch watching sports, sitting in the tavern, or chasing skirts. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Grasses, Pastures & Hay
Ideas for changing times
Top