Jrebyank
Member
ddd75":c88no8wz said:well.. you can wait 8.. 10.. 15 years to build up your herd.. or if you are like me.. don't see that ever penciling out.. then just get the loan, go buy your cattle, and then make your payment. most cattle loans for brood cows are 7 years.
50k loan for around 25 hd. will run around 8850/yr. with 36 calves to take in you should be able to easily make your payment.
I'm sorta leaning this direction. I'm a math guy and when you figure time spent to go from 10 to 40 that would take several years and income loss, even with the interest repayment. I can see the other side too. I've had my cows for 2 years now and haven't had a single calf yet that I raised. Should have my first one this spring.