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Making money on cattle
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<blockquote data-quote="Chuck" data-source="post: 104929" data-attributes="member: 579"><p>Greenhorn- Do a search on the web for FBFM records. This is the Farm Business Farm Management record keeping system, usually run through the land grant universities, where farmers and ranchers from a large part of the U.S. keep careful records that are then used to compile state and national averages for high, medium and low profit operations. There is a lot of crop stuff there, but livestock is included also. I'm pretty sure I have seen the summaries posted on the web. It can be quite a shock for some to see the results when all the costs are included. Just as a personal observation, I've always kind of thought there was a good chance the results were skewed a little bit, because the best operators tend to keep better records. If you know where you are, you have a better chance of getting where you want to be. I hope this helps you.</p></blockquote><p></p>
[QUOTE="Chuck, post: 104929, member: 579"] Greenhorn- Do a search on the web for FBFM records. This is the Farm Business Farm Management record keeping system, usually run through the land grant universities, where farmers and ranchers from a large part of the U.S. keep careful records that are then used to compile state and national averages for high, medium and low profit operations. There is a lot of crop stuff there, but livestock is included also. I'm pretty sure I have seen the summaries posted on the web. It can be quite a shock for some to see the results when all the costs are included. Just as a personal observation, I've always kind of thought there was a good chance the results were skewed a little bit, because the best operators tend to keep better records. If you know where you are, you have a better chance of getting where you want to be. I hope this helps you. [/QUOTE]
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