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Looking to get into cattle ranching
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<blockquote data-quote="poorfarmer" data-source="post: 1295257" data-attributes="member: 21638"><p>As everyone else has mentioned there are so many variables to consider. So I will try to give a little insight into what I have found as I entered farming. I grew up on a cattle farm. It was the only job I had until I graduated from college. About the time I was 25, the opportunity to enter farming arose as my wife and I purchased about 80 acres to build a house on. Over the past 7 years I have gradually added a barn, equipment, and cattle. Although it is not my only source of income I have approached farming from the beginning as a business that should make me money, not a hobby. I currently run about 70 head of cattle on the side. Even with 70 head I wouldn't be able to quit my job. As I look at farming seems to be turning into a way to invest your money and get a return. It doesn't seem like it is a viable job without a very large investment. I think I remember seeing somewhere, that farmers who are depending on their land paying for itself will need to wait 87 years. I am not saying don't go for it, I truly enjoy farming, but get a plan and run the numbers. These are just my thought there may be others that can give more insight and maybe a more positive outlook.</p></blockquote><p></p>
[QUOTE="poorfarmer, post: 1295257, member: 21638"] As everyone else has mentioned there are so many variables to consider. So I will try to give a little insight into what I have found as I entered farming. I grew up on a cattle farm. It was the only job I had until I graduated from college. About the time I was 25, the opportunity to enter farming arose as my wife and I purchased about 80 acres to build a house on. Over the past 7 years I have gradually added a barn, equipment, and cattle. Although it is not my only source of income I have approached farming from the beginning as a business that should make me money, not a hobby. I currently run about 70 head of cattle on the side. Even with 70 head I wouldn't be able to quit my job. As I look at farming seems to be turning into a way to invest your money and get a return. It doesn't seem like it is a viable job without a very large investment. I think I remember seeing somewhere, that farmers who are depending on their land paying for itself will need to wait 87 years. I am not saying don't go for it, I truly enjoy farming, but get a plan and run the numbers. These are just my thought there may be others that can give more insight and maybe a more positive outlook. [/QUOTE]
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