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The Water Cooler
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Beef Cattle Question
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<blockquote data-quote="jakeman" data-source="post: 3491466" data-attributes="member: 10690"><p>Buy 2.</p><p></p><p>See how you make out.</p><p></p><p>My guess is, if you will acquire a good bit of property, you'd be better off renting the pasture out to someone else to run their cattle. </p><p></p><p>You could also go partners with someone that knows what their doing, but there is a whole new set of "what you don't know"s which that can cost you money. Like the "dead" ones that get disposed of before you ever get to see the carcass. </p><p></p><p>I'd be wary of the cattle business any time, particularly right now. </p><p></p><p>You might also start watching the markets and see what you think of that. </p><p></p><p>Raising a couple to butcher is one thing, raising them as a business is something all together different. </p><p></p><p>Making money on cattle, or anything else in agribusiness, is hard. Really, really hard.</p></blockquote><p></p>
[QUOTE="jakeman, post: 3491466, member: 10690"] Buy 2. See how you make out. My guess is, if you will acquire a good bit of property, you'd be better off renting the pasture out to someone else to run their cattle. You could also go partners with someone that knows what their doing, but there is a whole new set of "what you don't know"s which that can cost you money. Like the "dead" ones that get disposed of before you ever get to see the carcass. I'd be wary of the cattle business any time, particularly right now. You might also start watching the markets and see what you think of that. Raising a couple to butcher is one thing, raising them as a business is something all together different. Making money on cattle, or anything else in agribusiness, is hard. Really, really hard. [/QUOTE]
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