All cattleman lie a bit... Or there would not be so many.
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Originally posted by GA Bowhunter View PostWe have a local cattle rancher. He is buying up land at $25,000 per acre and then clearing the land, having ponds built, installing irrigation for his grass(huge turret guns) and fencing it.
He will never make a dime on cows in this lifetime but chicken has made him a billionaire. If I was him I would be building chicken houses not cattle ranches.he wont be a billionaire for long.
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people, including cattle people....lie.
Some get paid to not produce peanuts, some take a loss to offset other income, some just seem to like to poor-mouth for the sake of fooling people.
Make them an offer to buy their operation at ten times whatever they tell you they are making.
That's how you figure out the truth.
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Originally posted by texan16 View Post$25,000 an acre ?????he wont be a billionaire for long.
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It cost me 1.25 a day per head to keep a cow. That was 4 years ago and I figured everything from gas to grass.. anything that went toward the cow was wrote down for a year.. when I started 15 years ago on my own calves were around 1.30 a lb I looked the other day and steers were going for 1.45 trucks are 3 times as much feed is 4 times as high. Hay fuel etc everything has atleast doubled in price .. except the price you are paid for your calf at the sale barn.. I ran between 100 and 140 head for about 10 years.. I miss it and will eventually own a few head to mess with but it's a bunch of work for one person..
My grand paw told me if I wanted to make a small fortune in the cattle business you have to start with a large one..Last edited by jds247; 11-04-2019, 08:12 PM.
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Why do people have cattle if its so unprofitable?
Cattle prices are down significantly right now, $250 profit per calf would be on the extreme high side. I can assure you that unless your land is paid for and you’re running at least 400-500 head then you’re probably not gonna make enough to live off of. Most ranchers are asset rich and cash poor.
Best saying I’ve heard is most people are still ranching/farming because they’ve got bills to pay, but the only reason they’ve got bills to pay is because they’re still ranching/farming.....[emoji846]
Sent from my iPhone using TapatalkLast edited by Moose; 11-04-2019, 08:24 PM.
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Originally posted by EastTexasMan View PostOnly way to make money in cattle is in numbers. You have to run a bunch of loads a year of feeder steers.
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