What are the tax savings to raising beef?
> Now is that fair? What other hobby
> is required to break even? Bass
> fishing, snow skiing, bird
> hunting, knitting, shopping?
> Seriously though, are you keeping
> good records so you actually know
> what the cattle cost/earn? Have
> you considered the tax benefits of
> raising cattle? Feeding your own
> animals and selling direct to the
> consumer might be your best bet,
> but it takes time to develop a
> market. My suggestion would be to
> feed them out yourself. Most
> states have some sort of retained
> ownership program for small cattle
> producers. In Oklahoma it's called
> the OK Steer feedout; Texas A&M
> runs the Ranch to Rail Program in
> Texas. Costs vary from program to
> program, but you sell the finished
> animal to the packers on a grid
> basis. That might or might not be
> a good thing, but it is a learning
> experience. Good luck....
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