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<blockquote data-quote="Alberta farmer" data-source="post: 677765" data-attributes="member: 8978"><p>If you own your own land and cattle, put up all your own feed, and do all your own work and charge nothing for any of it...yes you can make a profit! But really isn't that pretty false economics?</p><p>After all you could rent that pasture out for a price? You could sell that hay for a price? You could be working for wages rather than working for free? The money you spend buying cows could be invested in something else and make a decent return?</p><p>I am sure if you only include money out of your pocket you could show a profit? Feed for example: a bit of fertilizer(or not) fuel for the tractor, twine...yep probably you will make some money! Now what if you could sell that hay for $60/bale? Isn't that the real cost to feed that cow?</p><p>Sit down and figure out what you could reasonably get for your pasture, feed, your labor and your investment in cows/equipment etc. Then add 15% for your risk! If you are still in the black...then go for it!</p><p>If not, then that is okay...just don't delude yourself that you are making money...because you aren't.</p></blockquote><p></p>
[QUOTE="Alberta farmer, post: 677765, member: 8978"] If you own your own land and cattle, put up all your own feed, and do all your own work and charge nothing for any of it...yes you can make a profit! But really isn't that pretty false economics? After all you could rent that pasture out for a price? You could sell that hay for a price? You could be working for wages rather than working for free? The money you spend buying cows could be invested in something else and make a decent return? I am sure if you only include money out of your pocket you could show a profit? Feed for example: a bit of fertilizer(or not) fuel for the tractor, twine...yep probably you will make some money! Now what if you could sell that hay for $60/bale? Isn't that the real cost to feed that cow? Sit down and figure out what you could reasonably get for your pasture, feed, your labor and your investment in cows/equipment etc. Then add 15% for your risk! If you are still in the black...then go for it! If not, then that is okay...just don't delude yourself that you are making money...because you aren't. [/QUOTE]
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