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Making money on cattle
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<blockquote data-quote="eric" data-source="post: 103448" data-attributes="member: 7"><p>Why is everyone tying the land payment in with the cows? What if you just wanted to buy a piece of land for investment, or better yet, as I did, just got fed up with living in the city and wanted to buy a large piece of property? I would still have the land payment whether I decided to raise cattle or raise pigs or peaches. One of the reasons I bought where I did was because of the rising land values, which have only gone up and up each yr. Are you saying that you have more than $500 in each calf you sell? Or rather $400, since you're only making $100 a hd?Does it really cost you $400 a pr for hay/feed/vacs and such? Sure, you have to build your facilities, but after a couple yrs, most of your infastructure, i.e. pens, corrals and such, will be mostly completed. After that, it's mostly repairing, and replacing the pieces which cant be repaired, which around my place are few and far between. I, as most of my neighbors do, tend to repair everything we can before spending any money to replace. My tractor? I had to have a tractor before I had my cows. My grass still needed to be brushhogged and drives still needed to be cut. The tractor didnt have anything to do with the cows. </p><p>I am making good money off my cows. I use my day job to pay for the land, house, tractor and everything else I do around here. All of which I would still have rather I had cows or not. So therefore, I am calling BS on you guys with the paid for land, paid for equipment and such and claim you aren't making any money. I try to run my business as close as I can to breakeven, mainly for tax reasons, but that breakeven scenario sometimes forces me to buy new trucks and give bonuses at the end of the year. Sometimes not making any money gives one a pretty nice lifestyle!</p></blockquote><p></p>
[QUOTE="eric, post: 103448, member: 7"] Why is everyone tying the land payment in with the cows? What if you just wanted to buy a piece of land for investment, or better yet, as I did, just got fed up with living in the city and wanted to buy a large piece of property? I would still have the land payment whether I decided to raise cattle or raise pigs or peaches. One of the reasons I bought where I did was because of the rising land values, which have only gone up and up each yr. Are you saying that you have more than $500 in each calf you sell? Or rather $400, since you're only making $100 a hd?Does it really cost you $400 a pr for hay/feed/vacs and such? Sure, you have to build your facilities, but after a couple yrs, most of your infastructure, i.e. pens, corrals and such, will be mostly completed. After that, it's mostly repairing, and replacing the pieces which cant be repaired, which around my place are few and far between. I, as most of my neighbors do, tend to repair everything we can before spending any money to replace. My tractor? I had to have a tractor before I had my cows. My grass still needed to be brushhogged and drives still needed to be cut. The tractor didnt have anything to do with the cows. I am making good money off my cows. I use my day job to pay for the land, house, tractor and everything else I do around here. All of which I would still have rather I had cows or not. So therefore, I am calling BS on you guys with the paid for land, paid for equipment and such and claim you aren't making any money. I try to run my business as close as I can to breakeven, mainly for tax reasons, but that breakeven scenario sometimes forces me to buy new trucks and give bonuses at the end of the year. Sometimes not making any money gives one a pretty nice lifestyle! [/QUOTE]
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