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Coffee Shop
What would everyone else do?
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<blockquote data-quote="plumber_greg" data-source="post: 645650" data-attributes="member: 9115"><p>Thanks, I meant to offend on one with any comments. I really wanted to talk options of cattle instead of family perils. I am well aware of them. I would give all my cattle away and go broke before I would fight with a family member over a dollar. I do have time constraints, however, I am one of those people who can't relax. That's the problem with fixing my place up. Been doin' that for 30 years, not much fixing to do. If I get too pressed for time, I know some employees that I can turn into cowboys. The problem in buying his land is his kids will probably donate to the Mo. Dept. of Conservation when he dies, anyway they say that's what they want to do. Back to cattle, someone said to buy open cows and heifers and sell in the fall. At first, I thought not interested, but then mulled it over more. When I lose a calf, I usually sell the cow soon afterward. The heifers sell really good. I don't get to spend much time at auctions, is this what they call heiferetts? Are they goin' to the feedyards or back out to be bred? If I want to buy 120-150 head in the next month, will that be hard to do? Has anyone done this, heifers and cows, and what problems did you have, if any? What do you think about keeping them and building a herd? I have about decided to not send any of this bunch to the feedlot. This whole deal is lasting for an indefinite time, and needs to stay somewhat liquid. My biggest fear is being upside down and having to sell. That's why it will be hard to start small and build. Love my uncle, trying to make a three year plan, and hoping it lasts 20, he'd be way over a hundred. If I bought pairs, with the intention of keeping them for the duration, would you buy older, cheaper, or young,higher, animals? Remember, I am trying to build equity, instead of income. When I sell, I'll cross the tax liability then. Our pastures are usually turned into May first, so I need to be getting on the stick. Thanks for all your help, and I promise, I do not have all the answers, and I value every opinion. gs</p></blockquote><p></p>
[QUOTE="plumber_greg, post: 645650, member: 9115"] Thanks, I meant to offend on one with any comments. I really wanted to talk options of cattle instead of family perils. I am well aware of them. I would give all my cattle away and go broke before I would fight with a family member over a dollar. I do have time constraints, however, I am one of those people who can't relax. That's the problem with fixing my place up. Been doin' that for 30 years, not much fixing to do. If I get too pressed for time, I know some employees that I can turn into cowboys. The problem in buying his land is his kids will probably donate to the Mo. Dept. of Conservation when he dies, anyway they say that's what they want to do. Back to cattle, someone said to buy open cows and heifers and sell in the fall. At first, I thought not interested, but then mulled it over more. When I lose a calf, I usually sell the cow soon afterward. The heifers sell really good. I don't get to spend much time at auctions, is this what they call heiferetts? Are they goin' to the feedyards or back out to be bred? If I want to buy 120-150 head in the next month, will that be hard to do? Has anyone done this, heifers and cows, and what problems did you have, if any? What do you think about keeping them and building a herd? I have about decided to not send any of this bunch to the feedlot. This whole deal is lasting for an indefinite time, and needs to stay somewhat liquid. My biggest fear is being upside down and having to sell. That's why it will be hard to start small and build. Love my uncle, trying to make a three year plan, and hoping it lasts 20, he'd be way over a hundred. If I bought pairs, with the intention of keeping them for the duration, would you buy older, cheaper, or young,higher, animals? Remember, I am trying to build equity, instead of income. When I sell, I'll cross the tax liability then. Our pastures are usually turned into May first, so I need to be getting on the stick. Thanks for all your help, and I promise, I do not have all the answers, and I value every opinion. gs [/QUOTE]
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