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Replacements, buy em or raise em???
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<blockquote data-quote="Caustic Burno" data-source="post: 630816" data-attributes="member: 694"><p>The majority are not making money off cattle they are proping them up with off the farm income. </p><p>Truth just isn't pretty, they can't admit ole Belle is not paying her way. </p><p>Less than 1% of the cattle ranchers today are under 50 years old according to an article in the Chicago Tribune a while back, the reason you can't pay to start a business that won't pay for itself.</p><p>That is like the deduction arguement on a tractor, its great if you need a new tractor but it is a loser buy anything to write off on taxes. You spend 30,000 on a new tractor depreciate it over 5 years so you write off 6,000 on farm income for total income for the year. If you are lucky you will get an additional 500 bucks back on the intial write off still 5500 dollars in the hole.</p><p>Today's Cattlemen pour a lot more into the operation than it takes to produce beef. Grass,water,hay and minerals thats it. </p><p>It took my hard head a while to figure out it is about being a grass farmer first, and open your eyes second.</p><p>Cows are employees those that produce stay those that don't go no second chances we are in a business that buy's retail and sells wholesale there is no room for any animal not to be adding to the bottom line in a commericial operation. </p><p>Thats what my little pea size brain has mulled, worried and penciled out in every direction in the last almost 40 years of messing with these hateful beast.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 630816, member: 694"] The majority are not making money off cattle they are proping them up with off the farm income. Truth just isn't pretty, they can't admit ole Belle is not paying her way. Less than 1% of the cattle ranchers today are under 50 years old according to an article in the Chicago Tribune a while back, the reason you can't pay to start a business that won't pay for itself. That is like the deduction arguement on a tractor, its great if you need a new tractor but it is a loser buy anything to write off on taxes. You spend 30,000 on a new tractor depreciate it over 5 years so you write off 6,000 on farm income for total income for the year. If you are lucky you will get an additional 500 bucks back on the intial write off still 5500 dollars in the hole. Today's Cattlemen pour a lot more into the operation than it takes to produce beef. Grass,water,hay and minerals thats it. It took my hard head a while to figure out it is about being a grass farmer first, and open your eyes second. Cows are employees those that produce stay those that don't go no second chances we are in a business that buy's retail and sells wholesale there is no room for any animal not to be adding to the bottom line in a commericial operation. Thats what my little pea size brain has mulled, worried and penciled out in every direction in the last almost 40 years of messing with these hateful beast. [/QUOTE]
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