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<blockquote data-quote="cattle_gal" data-source="post: 56476" data-attributes="member: 643"><p>Hate to be the party spoiler, but there's basically 2 ways to get in to the ranching business now a days. 1) you have the land already. 2) you have money. If you don't have either expect to be in debt for the rest of your life if you plan to support 5 people. Ranches do not suport themselves much, unless there is money coming from outside sources. </p><p></p><p>Go into your local <em>Farm Service Agency </em>and talk with them. They have special beginner farm loan programs and will help you get started.</p><p></p><p>Figure out what your yearly expenses are now for you family. Then when you look for land and cattle capacity you can calculate family expenses, operation expenses, land payments, cattle payments, equipment payments, and put in another few thousand for just in case expenses(there is no such thing as saving for the future it seems), and building expenses if there are no buildings on there. Then take your once a year cattle payment and subtract it. The FSA has cashflow and balance sheets for you to fill out to see if this is feasible or not for you. </p><p></p><p>Go to a realtor and look at land listings. The realtor should be able to tell you how many cattle it can hold for that ranch, and if you can suport those cattle without buying feed - having a crop and graze or grazing only. </p><p></p><p>There is a thread from a month or 2 ago about the same subject.</p><p></p><p>Good Luck</p></blockquote><p></p>
[QUOTE="cattle_gal, post: 56476, member: 643"] Hate to be the party spoiler, but there's basically 2 ways to get in to the ranching business now a days. 1) you have the land already. 2) you have money. If you don't have either expect to be in debt for the rest of your life if you plan to support 5 people. Ranches do not suport themselves much, unless there is money coming from outside sources. Go into your local [i]Farm Service Agency [/i]and talk with them. They have special beginner farm loan programs and will help you get started. Figure out what your yearly expenses are now for you family. Then when you look for land and cattle capacity you can calculate family expenses, operation expenses, land payments, cattle payments, equipment payments, and put in another few thousand for just in case expenses(there is no such thing as saving for the future it seems), and building expenses if there are no buildings on there. Then take your once a year cattle payment and subtract it. The FSA has cashflow and balance sheets for you to fill out to see if this is feasible or not for you. Go to a realtor and look at land listings. The realtor should be able to tell you how many cattle it can hold for that ranch, and if you can suport those cattle without buying feed - having a crop and graze or grazing only. There is a thread from a month or 2 ago about the same subject. Good Luck [/QUOTE]
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