Posted by kyhayman on January 17, 2011 at 13:35:43 from (75.104.128.55):
In Reply to: Farm Advice posted by knightstead on January 17, 2011 at 08:26:56:
I go with feeders, either steers or heifers. Heifers will have a lower gain but you have the opportunity to develop replacement females for someone.
I'm not going to be a nay sayer. You want cows, and its unlikely to cost you too much money for this experiecne. Even a total washout and you loose them all to shipping fever puts your total gamble at what you've invested plus the vet bills.
Just make sure you have liability insurance in place. The best fence in the word wont stop a spooked critter from getting out. If someone has an accident they can garnish anything you ever earn until its paid. That, to me, is your only open ended risk.
You might do quite well, and might not. Most likely, with these small numbers you will lose a little but not enought to break the bank. Over ten years, feeding 20 head, I was averaging making 11 bucks per head per year. Thats why I quit doing it, not enough profit potential for the aggervation.
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