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Coffee Shop
Is Cattle Farming solely your income ?
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<blockquote data-quote="inyati13" data-source="post: 1024072" data-attributes="member: 17767"><p>I really don't believe anyone who fairly looks at all the expenses and risks, i.e. a complete feasibility assessment, which means looking at the value of your labor which has to be valued at something even if a WalMart Greeter, could possibly conclude that growing beef as a commercial producer is profitable from a risk reward standpoint. I might exclude some of the elite operations who sell semen, embryos, world class stock, like say Charlie Boyd who I go by everyday on the way to my peanut gallery operation. Just look at the capital you have in the infrastructure and equipment. The land investment, etc. A hay roller is $20,000, a disc mower is $8,000, etc. A good cattlehandling facility is $10,000. If you were to have a finacial advisor perform an Economics 101 evalution of beginning a Commercial Beef Operation, I promise you the conclusion would be very disappointing. There would simply be too much capital at risk for the return. Every beef grower I know here in Kentucky has cattle as part of their lifestyle. It is a lifestyle they chose to live. Most lose money on an income tax basis which does not even value their labor. They don't value their labor and they already have the farm. But in the circle I move in here which means herds that average 20 mature cows, the economics of raising beef is a joke. The capital, the return on your labor and the cost to get a calf worth anywhere from $600 to $900 each just does not... well, as the coon hunter said, that dog don't hunt!!!</p></blockquote><p></p>
[QUOTE="inyati13, post: 1024072, member: 17767"] I really don't believe anyone who fairly looks at all the expenses and risks, i.e. a complete feasibility assessment, which means looking at the value of your labor which has to be valued at something even if a WalMart Greeter, could possibly conclude that growing beef as a commercial producer is profitable from a risk reward standpoint. I might exclude some of the elite operations who sell semen, embryos, world class stock, like say Charlie Boyd who I go by everyday on the way to my peanut gallery operation. Just look at the capital you have in the infrastructure and equipment. The land investment, etc. A hay roller is $20,000, a disc mower is $8,000, etc. A good cattlehandling facility is $10,000. If you were to have a finacial advisor perform an Economics 101 evalution of beginning a Commercial Beef Operation, I promise you the conclusion would be very disappointing. There would simply be too much capital at risk for the return. Every beef grower I know here in Kentucky has cattle as part of their lifestyle. It is a lifestyle they chose to live. Most lose money on an income tax basis which does not even value their labor. They don't value their labor and they already have the farm. But in the circle I move in here which means herds that average 20 mature cows, the economics of raising beef is a joke. The capital, the return on your labor and the cost to get a calf worth anywhere from $600 to $900 each just does not... well, as the coon hunter said, that dog don't hunt!!! [/QUOTE]
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