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Just bought the farm, 12 years before I retire...
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<blockquote data-quote="stocky" data-source="post: 470239" data-attributes="member: 1150"><p>It all depends on the land. There is alot of land around Rolla that takes 4-5 acres per cow. There is some that will take 2 acres per cow. The 25 cows seems low, but there are alot of variances, like soil quality, how good is the stand of grass, no fertilize makes a huge difference. It sounds like the lease option is best. You are not going to pay for the interest on the farm with the lease. You would be smart to very conservative with the lease price and get someone you can trust to treat the land right for you and to take care of things. You will not be there, you will need it to be cared for properly and you can figure that has value over and above the lease price. I wouldnt hire a manager to manage your cattle because you dont have enough land to make that pay and you will have to invest alot more money and you will be having to deal with more costs for upkeep and more problems. Just get someone who will take good care of it at a price you can both live with</p></blockquote><p></p>
[QUOTE="stocky, post: 470239, member: 1150"] It all depends on the land. There is alot of land around Rolla that takes 4-5 acres per cow. There is some that will take 2 acres per cow. The 25 cows seems low, but there are alot of variances, like soil quality, how good is the stand of grass, no fertilize makes a huge difference. It sounds like the lease option is best. You are not going to pay for the interest on the farm with the lease. You would be smart to very conservative with the lease price and get someone you can trust to treat the land right for you and to take care of things. You will not be there, you will need it to be cared for properly and you can figure that has value over and above the lease price. I wouldnt hire a manager to manage your cattle because you dont have enough land to make that pay and you will have to invest alot more money and you will be having to deal with more costs for upkeep and more problems. Just get someone who will take good care of it at a price you can both live with [/QUOTE]
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Just bought the farm, 12 years before I retire...
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