JMJ Farms
Well-known member
You seem like you're pretty sharp. I think it will all work out fine for you. Best of luck to you and yours.
Bigfoot":27slckpi said:Askme42":27slckpi said:Now that you all mentioned it. The local high school ag teacher has asked about renting it to put some cattle on it. This could maybe be a decent set up. The only thing I would worry about would be if he would be interested in such a short lease
Yea, land is income producing property. You never need to let it sit idle.
JMJ Farms":3qnwzmc0 said:You seem like you're pretty sharp. I think it will all work out fine for you. Best of luck to you and yours.
Askme42":11dbaobm said:JMJ Farms":11dbaobm said:You seem like you're pretty sharp. I think it will all work out fine for you. Best of luck to you and yours.
Thanks a lot.
I'm sure they are out there anyone point me in the direction of a good app or program to keep tract of input costs per head? Or do most of you just create like An excel spreadsheet?
Been a long time but luckily my mom was a high school computer teacher. Excel was one of the things she taught the most.Brute 23":16apw7ca said:Excel
If you know how to use it you can do just about any thing. You can keep both your costs and cow/ calf records.
JSCATTLE":14e60v0y said:.. Paid my cows off with cow money in 3 years .. This year i was able to put 12000 in future payment for my land note ..
JSCATTLE":3dr0fvdu said:I'm doing basically the same thing you are doing in 2008 .. Although I have been around cattle for a lot longer. At one point I had 700 acres leased and bought 200. The last big drought in texas got me .. I still run cows on my land but let the leases go back.. I now have 40 momma cows on about 110 acres of pasture and 90 acres of clear cut/ mixed grasses.. I also have 25 acres at my house that I have cut for hay .. This year I'm turning that into pasture to raise heifers .. Buy just what you will need .. Don't go buy tractors balers etc.. You can run enough cows on your hay ground to buy hay and then some .. Get your working pens and shoot in order before you buy cows.. I use to pasture rope them to dr .. It's not fun doing that by yourself . Soil test your place and get your grass growing the way it should.. I'd start out with 40 or so bred cows .. Work up from there to full stocking rate. That will allow you to work on your place and still make some money .. Leasing won't generate much money .. And if there are gonna be cows on it might as well be yours.. When I sell calves I budget money for hay winter rye grass and taxes .. Anything left goes into a future payment account to pay the land note .. I bought the majority of my cows before prices jumped .. I've been holding 5 heifers year as replacements .. I feed them for a month and then turn them on rye grass until they go back in with the cows. I paid for a cab tractor baler cutter and rake bailing for other people .. Paid my cows off with cow money in 3 years .. This year i was able to put 12000 in future payment for my land note .. That's 2400 short of paying the note for the year ... Oh and I no longer pay 1500 bucks for a deer lease that covers my land taxes .. It's a lot of work .. I work shift work and work about 900 hours of overtime a year .. And I still manage just fine .. Sucks putting out hay in the dark but its only for3 months .. To me its just as easy to feed and tend 80 head as it is 20 ..good luck .
It'll be a little bit more but not much. $2200-$2300.Kell-inKY":391swl7l said:JSCATTLE":391swl7l said:.. Paid my cows off with cow money in 3 years .. This year i was able to put 12000 in future payment for my land note ..
that's inspirational, to me at least
To the original poster: You got a screaming deal on 300 acres if your payment is only 2k a month.