Hi,
Looking for some general comments here to a plan we are about to embark upon.
I have an old and out of operation cattle farm in Georgia. It has been out of commsion for about 30 years.
Farm was my Grandfathers, I used to help out as a kid up to about age 12.
We have about 200 acres that can be used for pastureland. Another 125 that is cultivated and we can use as needed for crops. Some equipment including a couple tractors and many older implements. The farm has been kept active mainly with a focus on leasing the crop land and farming a couple pecan orchards on the property. Another 300 acres of pastureland is available from family is needed later. Everything is paid for and no debt of any kind. But, it has grown up and we need to do a good bit of land clearing work.
What I am about to do with my brother is start down the road of cleaning up land for pasture, putting up fence, and we aim to get into a cow calf operation. I really like and we are going to look at the higher quality angus cattle. I like the certified Angus program and we might just go the direction of a cow calf operation of quality angus cattle.
Planning to work up to about a 100 calf per year operation
Question - Assuming we have capital to get into this without any debt. I have some funds from other business do you think this would be a worthwhile exercise and profitable?
Looking for some general comments here to a plan we are about to embark upon.
I have an old and out of operation cattle farm in Georgia. It has been out of commsion for about 30 years.
Farm was my Grandfathers, I used to help out as a kid up to about age 12.
We have about 200 acres that can be used for pastureland. Another 125 that is cultivated and we can use as needed for crops. Some equipment including a couple tractors and many older implements. The farm has been kept active mainly with a focus on leasing the crop land and farming a couple pecan orchards on the property. Another 300 acres of pastureland is available from family is needed later. Everything is paid for and no debt of any kind. But, it has grown up and we need to do a good bit of land clearing work.
What I am about to do with my brother is start down the road of cleaning up land for pasture, putting up fence, and we aim to get into a cow calf operation. I really like and we are going to look at the higher quality angus cattle. I like the certified Angus program and we might just go the direction of a cow calf operation of quality angus cattle.
Planning to work up to about a 100 calf per year operation
Question - Assuming we have capital to get into this without any debt. I have some funds from other business do you think this would be a worthwhile exercise and profitable?