The short answer is "no". You will never be able to make a profit on bison if you are trying to buy land to raise bison.
Bison are very cost intensive. The fence costs alone stop even people who already own land from getting into it. Just price up a truckload of 6x6 10 foot treated posts to give your self an idea of what you're in for.
Also, bison are big, mean, tempramental, and basicaly they are like a bull with is @ss on fire when it comes to working them. A favorite trick of theirs is to hump up in the squeeze chute so the operator thinks they're locked in and then you get too close to their head and they lunge out about 2 feet and break your hip or ribs.
And if they bust a fence and get out, you better get your wallet out because they'll tear up every fence your neighbors have and that won't make them very happy. Also, when they get out have you thought about how you're going to catch them? Hint, don't try the old cowboy/horse gag, lots of guys have gotten themselves gored trying to herd bison as if they were cattle.
We USED to have a nieghbor that thought it would be fun to have 25 or so bison as a little "hobby" opertaion. They went cheap on the fence, of course, and then the bison got out and did about $10k in damage to neighbors fences, but that wasn't the worst thing.
Once out, the bison simply could not be caught. They are hard to spot, even from the air in mixed woodland/fields and even when you spot them, so what? What are you going to do, go out and lasso them and drag them home? So Mr. Bison Guy ended up getting told by the sherrif, you got 2 more days to get them or they're bison burgers. 16 of them got shot, so pretty hard on profits if your breeding stock gets out and gets shot.
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