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<blockquote data-quote="Anonymous" data-source="post: 189"><p>I don't usually try to discourage someone from pursuing a dream, but it sounds like you are too inexperienced to run a feedlot type operation.</p><p></p><p>Competition is fierce in the industry and margins are small. You saying the place has to pay for itself makes me worry. If you could buy the place outright, you could survive your learning phase. With mortgage payments, you could be broke in the first year.</p><p></p><p>I think you could learn a lot if you were to increase management with your husbands herd. If you could get the calving season tightened up and a more uniform set of calves to sell, or feed, the money would be there to expand sooner.</p><p></p><p>Most don't like the idea of buying higher priced buls with good epds and carcass data, but the investment will pay if you sell to feedlots that know the value of those genetics.</p><p></p><p>Grids are a reality and genetics must be matched to feed, environment and the grid. Just picking up a few calves here and there won't pay.</p><p></p><p>Feed is another issue, what will you feed? Where will you get it? If it is home grown you still have to value it as to what you could sell it for. It isn't free.</p><p></p><p>There are a zillion other concerns, but I think you get the idea. Don't risk what you can't afford to lose. If you can finance the place without making any money, they go ahead and learn, but be prepared.</p><p></p><p>Jason Trowbridge Southern Angus Farms Alberta Canada</p><p></p><p> <a href="mailto:trow@bigfoot.com">trow@bigfoot.com</a></p></blockquote><p></p>
[QUOTE="Anonymous, post: 189"] I don't usually try to discourage someone from pursuing a dream, but it sounds like you are too inexperienced to run a feedlot type operation. Competition is fierce in the industry and margins are small. You saying the place has to pay for itself makes me worry. If you could buy the place outright, you could survive your learning phase. With mortgage payments, you could be broke in the first year. I think you could learn a lot if you were to increase management with your husbands herd. If you could get the calving season tightened up and a more uniform set of calves to sell, or feed, the money would be there to expand sooner. Most don't like the idea of buying higher priced buls with good epds and carcass data, but the investment will pay if you sell to feedlots that know the value of those genetics. Grids are a reality and genetics must be matched to feed, environment and the grid. Just picking up a few calves here and there won't pay. Feed is another issue, what will you feed? Where will you get it? If it is home grown you still have to value it as to what you could sell it for. It isn't free. There are a zillion other concerns, but I think you get the idea. Don't risk what you can't afford to lose. If you can finance the place without making any money, they go ahead and learn, but be prepared. Jason Trowbridge Southern Angus Farms Alberta Canada [email=trow@bigfoot.com]trow@bigfoot.com[/email] [/QUOTE]
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