You've received some excellent advice on this. Usually there is more diversity of opinion. Good to read each response carefully. The key points are that farming is a mature industry however there is money to be made in specialty areas. You will be able to market the Dexter beef to a select customer base.
Renting the smaller fields is a great idea, as is growing slowly and making sure you don't get overextended. It would be great if you find a farm family willing to lease/sell because they like you and want to see the land kept in farming. Those people do exist but they are few.
A potential downside is that rented land vanishes after a few years due to some kind of development which brings in land buyers at high rates and you are left with having to liquidate your herd. This can also happen with a congenial landlord who dies and the heir just want fast cash.
Nothing ventured nothing gained. You may raise cattle on your own for a couple of years and decide you don't want to put out the effort after all, but you'll never know that until you try. I love raising cattle but hate marketing so I don't make any money but can't quit.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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