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Planning a new feedlot in North Florida. Need Help
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<blockquote data-quote="Larry Sansom" data-source="post: 139279" data-attributes="member: 332"><p>Hope you have fed several head in your area over the past few years before you spend big $$$$. I was in a meeting this past week with an outfit that went thru $200,000 in Free grant money plus all the investors $ from 9 different investors before they went broke in less than 3 years. Feed conversion is better out west due to weather, they are set up with grain, my guys were running 2.6 adg vs. 3.3 out west. You are in a grain deficit area -they are not. They have feedlot mills larger than most of the feed compaines in our area and likely in your area as well. Packers are close - have you priced diesel lately??? Feedlot odors are an issue with more and more neighbors, support staff, vets, nutrition experts, etc are in place out there - you will have to pay on as needed basis which will be much higher. Lots to consider before you sink good money in a fair idea. Remember you can not "out WalMart" Walmart. So you must have some plan to give you an unfair advantage - the boys out west know their program and will beat you every time at their game.</p></blockquote><p></p>
[QUOTE="Larry Sansom, post: 139279, member: 332"] Hope you have fed several head in your area over the past few years before you spend big $$$$. I was in a meeting this past week with an outfit that went thru $200,000 in Free grant money plus all the investors $ from 9 different investors before they went broke in less than 3 years. Feed conversion is better out west due to weather, they are set up with grain, my guys were running 2.6 adg vs. 3.3 out west. You are in a grain deficit area -they are not. They have feedlot mills larger than most of the feed compaines in our area and likely in your area as well. Packers are close - have you priced diesel lately??? Feedlot odors are an issue with more and more neighbors, support staff, vets, nutrition experts, etc are in place out there - you will have to pay on as needed basis which will be much higher. Lots to consider before you sink good money in a fair idea. Remember you can not "out WalMart" Walmart. So you must have some plan to give you an unfair advantage - the boys out west know their program and will beat you every time at their game. [/QUOTE]
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Planning a new feedlot in North Florida. Need Help
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