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thinking of getting into the biz
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<blockquote data-quote="Anonymous" data-source="post: 39265"><p>I am thinking of getting started in the cattle business, but after reading this board, I'm a bit discouraged. I by no means expect to get rich quick, nor do I intend to do more than have fun for the first several years, but it seems pretty bleak monetarily. I was planning on buying 4 bred cows in a few months. When it comes time to sell the calves, I had planned on taking that money and putting it into buying more bred cows, and breeding back what I alredy have. Slowly, I could build a herd. I understand I'll have losses, abortions, sicknesses, low times in the market. I also know that I can't sell a calf and pay even money for a bred cow, but I thought I'd make enough to be able to use it to build what I have. Now it seems like I'll have to use all but $75 dollars just to take care of my existing operation. I don't really care if I can supplement my income or not, but I don't want to have a small hard in 15 years. I'd like to build it. I have lease land at a reasonable price, and a very close friend in the cattle buying business. Should I be this discouraged?</p></blockquote><p></p>
[QUOTE="Anonymous, post: 39265"] I am thinking of getting started in the cattle business, but after reading this board, I'm a bit discouraged. I by no means expect to get rich quick, nor do I intend to do more than have fun for the first several years, but it seems pretty bleak monetarily. I was planning on buying 4 bred cows in a few months. When it comes time to sell the calves, I had planned on taking that money and putting it into buying more bred cows, and breeding back what I alredy have. Slowly, I could build a herd. I understand I'll have losses, abortions, sicknesses, low times in the market. I also know that I can't sell a calf and pay even money for a bred cow, but I thought I'd make enough to be able to use it to build what I have. Now it seems like I'll have to use all but $75 dollars just to take care of my existing operation. I don't really care if I can supplement my income or not, but I don't want to have a small hard in 15 years. I'd like to build it. I have lease land at a reasonable price, and a very close friend in the cattle buying business. Should I be this discouraged? [/QUOTE]
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