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<blockquote data-quote="Cormac" data-source="post: 293689" data-attributes="member: 3980"><p>I certainly cannot survive on any profit. I unfortunately was not left land in a family will. Nor did I buy it 40 years ago for $100 and acre. I bought all my land in 2005. At the price of land today in most areas, I do not see how anyone can afford to get into this business while <em>owning</em> a farm/ranch. A few on here were fortunate/intelligent enough to sell the lumber off the land and profiting enough to pay for the land. Those days are long gone. I wonder if you, or anyone else on here could start up a large scale operation today from scratch including buying land or finding a lease, and then how long it would then take to show a reasonable profit. If I did not buy my land today, I don't know if I could afford it in 5 years with price increases. I originally started out to grow coastal on the land, then bought some additional acreage next door and put 9 cows on it. A combination of disappointment as a result of the drought (poor coastal production) and thinking that cows might be a better alternative, I decided to expand the herd. Between buying fertilizer twice per year, cubes, hay (in drought times), trailers, feeders, digging additional tanks, tightening up the fencing, building corrals, and a tractor, I am "bleeding" $100 or $1,000 bills. Once I get past this initial onslaught, I wonder if I can make $200 to $400 profit per cow after expenses.</p></blockquote><p></p>
[QUOTE="Cormac, post: 293689, member: 3980"] I certainly cannot survive on any profit. I unfortunately was not left land in a family will. Nor did I buy it 40 years ago for $100 and acre. I bought all my land in 2005. At the price of land today in most areas, I do not see how anyone can afford to get into this business while [i]owning[/i] a farm/ranch. A few on here were fortunate/intelligent enough to sell the lumber off the land and profiting enough to pay for the land. Those days are long gone. I wonder if you, or anyone else on here could start up a large scale operation today from scratch including buying land or finding a lease, and then how long it would then take to show a reasonable profit. If I did not buy my land today, I don't know if I could afford it in 5 years with price increases. I originally started out to grow coastal on the land, then bought some additional acreage next door and put 9 cows on it. A combination of disappointment as a result of the drought (poor coastal production) and thinking that cows might be a better alternative, I decided to expand the herd. Between buying fertilizer twice per year, cubes, hay (in drought times), trailers, feeders, digging additional tanks, tightening up the fencing, building corrals, and a tractor, I am "bleeding" $100 or $1,000 bills. Once I get past this initial onslaught, I wonder if I can make $200 to $400 profit per cow after expenses. [/QUOTE]
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