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Making money on cattle
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<blockquote data-quote="jcissell" data-source="post: 104732" data-attributes="member: 383"><p>Only one of the farmers I am talking about farms 8,000 acres. The rest farm from about 1200 to 3500 acres. They don't own their land either, the lease it. You say if your are gonna be poor atleast don't look like it? Well then to me, if you are able to buy those things and spend that money you aren't poor. If they were truly poor they would be driving a truck that is falling apart, living in a normal house, their kids NOT going to whatever university they want and being in a fraternity/sorority that costs them atleast an extra $2,500 a semester, and blowing buttloads of money. I can honestly say I can't think of any farmers here that don't do that. Maybe one if I thought really hard. </p><p></p><p>I don't think farming is a joke. But farmers can't complain and say they don't make any money. If you spend it all and are broke that means you can't manage money. Not that you didn't make any. Again I'm not saying cattle farmers make this much money. I never said that. But you can always put a pencil to something and make it LOOK like you didn't make any money on paper. There has to be money in cattle or people wouldn't be doing it. People don't just put money into something to see no return. Maybe that's the way it is up there where you guys are but not down here. I bet you guys say I can't run a cow to an acre or acre and a half here too, don't you? Just b/c you can't up there.</p><p></p><p>Frenchie... I don't know about your market but I watched a small calf go for $2.40/lb and some 300 weight calves go for $1.65 to $1.70/lb at a sale that in general doesn't bring very good prices.</p></blockquote><p></p>
[QUOTE="jcissell, post: 104732, member: 383"] Only one of the farmers I am talking about farms 8,000 acres. The rest farm from about 1200 to 3500 acres. They don't own their land either, the lease it. You say if your are gonna be poor atleast don't look like it? Well then to me, if you are able to buy those things and spend that money you aren't poor. If they were truly poor they would be driving a truck that is falling apart, living in a normal house, their kids NOT going to whatever university they want and being in a fraternity/sorority that costs them atleast an extra $2,500 a semester, and blowing buttloads of money. I can honestly say I can't think of any farmers here that don't do that. Maybe one if I thought really hard. I don't think farming is a joke. But farmers can't complain and say they don't make any money. If you spend it all and are broke that means you can't manage money. Not that you didn't make any. Again I'm not saying cattle farmers make this much money. I never said that. But you can always put a pencil to something and make it LOOK like you didn't make any money on paper. There has to be money in cattle or people wouldn't be doing it. People don't just put money into something to see no return. Maybe that's the way it is up there where you guys are but not down here. I bet you guys say I can't run a cow to an acre or acre and a half here too, don't you? Just b/c you can't up there. Frenchie... I don't know about your market but I watched a small calf go for $2.40/lb and some 300 weight calves go for $1.65 to $1.70/lb at a sale that in general doesn't bring very good prices. [/QUOTE]
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