Some sound advice

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dun

dun

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Posted from another forum. This was a response to a young man with 20 acres and wanting to get into cattle. I had no idea it was this easy

Ill tell you something funny about the cattle business, everyone always cries their always broke so nobody else will break in and find out the truth. Check out the prices for a 2 year old angus heifer, they will run you about $1500-3000 U.S. dollars. If you can push out 50-100 a year, do the math. They tell you negative to discourage you because their greedy. Do the math, most farmers are getting old and selling their farms because the youth dont want to farm. This will lead to an increase in demand and lack of suppy which does what? Even more then it already is. Sell your farm, take a loan out with the USDA and go and buy yourself a much larger farm and start with 100 head, breed those and double your herd size, sell your first of hundred for about $125,000 and reinvest in 50 more yearlings and so on and so forth until you can clock out about 300 head a year or more.
 
He did leave out a few details along the way but you never get there if you don't try. I certainly wish I had ignored those who said it couldn't be done.
 
That may truly be the worse one yet....Nice...

I don't know why I didn't think of that...
 
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dun":19kz6v34 said:
Posted from another forum. This was a response to a young man with 20 acres and wanting to get into cattle. I had no idea it was this easy

Ill tell you something funny about the cattle business, everyone always cries their always broke so nobody else will break in and find out the truth. Check out the prices for a 2 year old angus heifer, they will run you about $1500-3000 U.S. dollars. If you can push out 50-100 a year, do the math. They tell you negative to discourage you because their greedy. Do the math, most farmers are getting old and selling their farms because the youth dont want to farm. This will lead to an increase in demand and lack of suppy which does what? Even more then it already is. Sell your farm, take a loan out with the USDA and go and buy yourself a much larger farm and start with 100 head, breed those and double your herd size, sell your first of hundred for about $125,000 and reinvest in 50 more yearlings and so on and so forth until you can clock out about 300 head a year or more.
Click to expand...

Dang, I'm so stupid. All these years for what, bustin my butt, counting pennies, afro-engineering equipment and buildings, stretching this-prodding that. I been missing the boat.
oops_sign.gif
This easy formula was always just sittin there and I couldn't see it.
gaah.gif
It's like all those fancy inventions I thought up but someone else did...........the millions I've lost. :frowns:
cryingsmiley.gif
 
Only Washington could spin more truer words of wisdom. Personally, I know a fella who barely had two dimes to rub together. He worked hard and he got a few cows. Now he has several hundred brood cows and a registered herd with sales in the hundreds of thousands each year. He has a 9 hole golf course on his ranch as well. He even sold half interest in one cow for a mere $140,000. Heck he made so much money he even bought a big insurance company and makes money by the truckload. Of course, I might have it all backwards but that's irrelevant isn't it? After all, what does the sequence of events really matter when it comes to making money.
 
Ya know, this thread brings to the surface something that really bugs me...............what kind of message do we give youngins when the oil barrons or business people, here in Texas for instance, bid up into the tens and hundreds of thousands of dollars the price of a young person's Grand Champion Steer at the end of a stock show????? The recent Fort Worth Stock Show being a prime example.....a 16 yr old had the Grand Champion Steer, which brought $185,000, winning bid by an energy company for donation to the Fort Worth Zoo. The Reserve Grand Champion brought $100,000. Neither of the winners plan their college degrees in Agriculture. When asked by reporters, why not show pigs, or show sheep, a 16-year-old Anson High School sophomore said, "Steers pay a lot better."

No wonder some think the cattle business is a piece of cake. Why, we got one person on this forum who says he goes to the meatpacker and tells them "I take only $2.00 per pound for my beef, and it's the best tasting beef there is, like it or lump it". My meatpacker says, "the price is 91-cents a pound, now unload and move your truck along".

Sorry for the rant, I'll get off my
soapbox.gif
. It's cold and raining, and my arthitis don't much like it.
 
Angus/Brangus":25eztf53 said:
Darhawk":25eztf53 said:
Ya know, this thread brings to the surface something that really bugs me...............what kind of message do we give youngins when the oil barrons or business people, here in Texas for instance, bid up into the tens and hundreds of thousands of dollars the price of a young person's Grand Champion Steer at the end of a stock show????? The recent Fort Worth Stock Show being a prime example.....a 16 yr old had the Grand Champion Steer, which brought $185,000, winning bid by an energy company for donation to the Fort Worth Zoo. The Reserve Grand Champion brought $100,000. Neither of the winners plan their college degrees in Agriculture. When asked by reporters, why not show pigs, or show sheep, a 16-year-old Anson High School sophomore said, "Steers pay a lot better."

No wonder some think the cattle business is a piece of cake. Why, we got one person on this forum who says he goes to the meatpacker and tells them "I take only $2.00 per pound for my beef, and it's the best tasting beef there is, like it or lump it". My meatpacker says, "the price is 91-cents a pound, now unload and move your truck along".

Sorry for the rant, I'll get off my
soapbox.gif
. It's cold and raining, and my arthitis don't much like it.
Click to expand...

Hey Dar, that guy with the $2.00 beef has the right idea :banana: Maybe he just needs to take his beef to someone that appreciates it!! :nod: Anyone can make jerkey out of anything but it takes good beef for good steaks :D
Click to expand...

You put a smile on my face..THANK YOU!
bliss.gif
 
Doesn't have a clue. HIs revenues are way overestimated and he forgot about that little thing called expenses. Either has an agenda, is confused, or awfully naive (sp?).
 
dun":3o9nfers said:
Posted from another forum. This was a response to a young man with 20 acres and wanting to get into cattle. I had no idea it was this easy

Ill tell you something funny about the cattle business, everyone always cries their always broke so nobody else will break in and find out the truth. Check out the prices for a 2 year old angus heifer, they will run you about $1500-3000 U.S. dollars. If you can push out 50-100 a year, do the math. They tell you negative to discourage you because their greedy. Do the math, most farmers are getting old and selling their farms because the youth dont want to farm. This will lead to an increase in demand and lack of suppy which does what? Even more then it already is. Sell your farm, take a loan out with the USDA and go and buy yourself a much larger farm and start with 100 head, breed those and double your herd size, sell your first of hundred for about $125,000 and reinvest in 50 more yearlings and so on and so forth until you can clock out about 300 head a year or more.
Click to expand...


This should be an interesting seminar to hear or a good comedy show at least.
 
Yeh, that guy ought to go on the road. There's probably a lot of folks that would pay to attend his seminar (and then wind up broke).
 
I read a joke once about two ranchers complaining about increased costs and the minimal profit involved in animal production. The punch line was when one of them agreed about there not being much profit in the business but "look at how much money we get to handle". I thought that pretty well sums up agriculture as a whole.
 
Yep, when you confuse revenue for profit, you're headed for a bad time. It kinda catches up with you - usually sooner than later.
 

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