Well i guess if the place is paid for and there are no other big debts to pay off,and just making a living is all you want out of life then i guess it'll work.
But you'll have to admit it's impossible today to pay off a farm with beef cows or feeders(or grain for that matter) and making a living from it at the same time without off farm income,unless one wins the lottery or inherrits.
I started ranching(150 hd cow calf on 1800 acre) 23 yrs ago with 85% borrowed money. It has been a struggle from day one(Job on the side) till i got the drift, and started working smarter instead of harder. In 96 i sold the beef and bought bison,sold them again at the top of the market $5300/hd and bought back a bunch 2 yrs later at the bottom $60/hd.I kept them all but the bulls and let them multiply till bison prices started picking up 3 years ago. Now i got a life,make a living,have money to spare and can stay home to do what i want.
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