Sierra":v964r5vs said:
Knowing what you know now, looking at empty land... where would you start? First off with "skys the limit" for getting started and then a more reasonable and doable budget to start.
When I was a kid I used to look at my dad's cattle magazines and dream about having my own cattle operation. For some reason I thought red brangus were the most beautiful animals around and wanted nothing more than to have hundreds of them grazing and making me rich. Well that was just a dream, and I still have not yet owned one red brangus.
I'm guessing your a younger person, which is great, but your at a very important stage. I'm also assuming that your not very experienced yet with cattle, again no problem. If I were to give advice to someone I really cared about, I'd tell them to just make hay on the land for a year or so - don't be in a hurry to be a cattleman. Find you a good mentor that you can learn from, save up money from the sale of hay and study how you should begin. You only get to start once. Investing your money in things that rust (I stole that one from Caustic) will inevitably cost you. Go to your local auctions so much that you can guess the weight of calves as they come through. Meet people at the auctions, learn which calves bring the most money and
why. Talk to as many real cattlemen in your area as possible. They will know much better what's best for your situation than a bunch of computer cowboys. No offense to anyone on the CT board, but your the only one that knows all of your details. Costs vary. Raising cattle in the north means you'll need more hay. Raising cattle in the south means you'll likely have more "eared" cattle. Attend cattlemen classes at your closest university, and Texas has some good ones. There are many, many things you can do to educate yourself; I'd work on that before buying the first cow. Even the best of cattlemen are struggling to make a decent profit as cattle prices remain low. This isn't something that a person can just get "lucky" with. It takes a lot of well thought out planning and hard work.
Ofcourse, I'm just as full of BS as the next guy, so take my advice with a grain of salt. Oh yeah, and good luck!