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<blockquote data-quote="Rogerwilco" data-source="post: 244913" data-attributes="member: 4347"><p>Good answers, thanks. </p><p>I am not so hung up on the money as to be blind to the facts. I just want to know what kind of buinsess producing cattle is. If there were no profit possible then the business would not exist, so whatever is making feeders lose $100 a head is probably not a permanent condition. The numbers that you start with are never quite what you would expect them to be. It's the same in every business. There is usually a time up front where it is difficult to earn a justifyable profit, but that is just part of the cost of going into business. If it were all handling cattle and you didn't have to actually manage a business to make a profit then everybody would do it. Don't anybody worry, I'm not planning on buying any cattle this year. Maybe not next year, but maybe so. The key is to make good decisions as to how your business will be conducted and to make those decisions as early as possible, preferably before you start spending money. That way you will be best prepared for problems. A good decision, for example, might be to start with ten or less animals. </p><p>Perhaps we could discuss what kind of effort is involved in running feeder cattle and making a profit. </p><p></p><p>My notion is that feeders is a good business because you don't need nearly as much equipment as other operations, and you don't need to own land at all if you can lease it. Is that a correct notion?</p><p>Who is making money doing this and why are they profitable?</p><p>Who is losing money "...</p><p>What kind of facility do most people feel is necessary?</p><p>Can you "spread out" the operation, putting some cattle here and others there and such? It would be nice to own ones own ranch, but I don't. </p><p></p><p>Thanks again.</p></blockquote><p></p>
[QUOTE="Rogerwilco, post: 244913, member: 4347"] Good answers, thanks. I am not so hung up on the money as to be blind to the facts. I just want to know what kind of buinsess producing cattle is. If there were no profit possible then the business would not exist, so whatever is making feeders lose $100 a head is probably not a permanent condition. The numbers that you start with are never quite what you would expect them to be. It's the same in every business. There is usually a time up front where it is difficult to earn a justifyable profit, but that is just part of the cost of going into business. If it were all handling cattle and you didn't have to actually manage a business to make a profit then everybody would do it. Don't anybody worry, I'm not planning on buying any cattle this year. Maybe not next year, but maybe so. The key is to make good decisions as to how your business will be conducted and to make those decisions as early as possible, preferably before you start spending money. That way you will be best prepared for problems. A good decision, for example, might be to start with ten or less animals. Perhaps we could discuss what kind of effort is involved in running feeder cattle and making a profit. My notion is that feeders is a good business because you don't need nearly as much equipment as other operations, and you don't need to own land at all if you can lease it. Is that a correct notion? Who is making money doing this and why are they profitable? Who is losing money "... What kind of facility do most people feel is necessary? Can you "spread out" the operation, putting some cattle here and others there and such? It would be nice to own ones own ranch, but I don't. Thanks again. [/QUOTE]
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