I will be going to a cattle auction tomorrow to buy feeders. I bought 200 acres two years ago, installed a new mesh wire fence around the perimeter, purchases some equipment, have a list of medications, feed, and minerals I plan to use and now it's time to get this dream of mine going. I would appreciate any input and suggestions anyone might have to help me so i don't go broke to soon.
I've studied the cattle business for five years and have worked part time with some stocker operators along with a few different medical professionals. I've run the costs and hopefull returns and found this business to not be very profitable but someone can earn a living with around 600 acres of grassland. Although I do not have 600 acres yet I plan on securing more land by way of leases or if i have to, purchases. The reason I'm up so late tonight is because i'm worried about losing my investment.
Why have I done this, because I love it! So I will look forward to any helpful comments.
I've studied the cattle business for five years and have worked part time with some stocker operators along with a few different medical professionals. I've run the costs and hopefull returns and found this business to not be very profitable but someone can earn a living with around 600 acres of grassland. Although I do not have 600 acres yet I plan on securing more land by way of leases or if i have to, purchases. The reason I'm up so late tonight is because i'm worried about losing my investment.
Why have I done this, because I love it! So I will look forward to any helpful comments.