Re: How can you get into farming with these kind of land val

Posted by BrianV_ on April 14, 2018 at 10:27:10 from (209.87.251.112):

In Reply to: How can you get into farming with these kind of land values? posted by BrianV_ on April 13, 2018 at 18:55:18:

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Thanks for the thoughts. Just as a side note - the breed I am looking at (Dexters), cows max out at 600-700lbs, and Bulls / steers at ~1000lbs. They are about half the size of what most people are thinking of when I say 'beef cattle'. That said, they have excellent feed conversion numbers, reach maturity at ~18 months.

I'm confident I can keep two cow / calf pairs on 3.5 acres from May to November. I know of local examples that are able to successfully stock at even heavier rates. Obviously, I'll need to bring in hay for winter.

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Here's why I want to farm:

I run a decent services business, but the problem is, it's only as valuable as the time I put in (for which I charge hourly). The second I stop working, for any reason, my business has no value. Now, that's true with farming to a certain extent, but I want to build a business that has assets and value of it's own.

Secondly - my day job keeps me tied to a desk. I break away as often as I can to work outside to improve my small patch of dirt. I love working outside, regardless of the weather or job. But I want to start turning my 'escape' time into a profitable endeavour. If I can move cattle and feed them twice a day, that works well with my schedule.

Third - to a degree, I know what's involved with raising beef. My parents had a small hobby farm and raised Dexters for a while. Unfortunately, there was no opportunity for me to take that over, but I know enough about managing beef to know I have an interest and would enjoy it. I plan to get a few cow / calf pairs on this property to 'test' the waters, but I want to have a plan to do more in a few years.

Finally - I am a software developer. For many years, I've made a lot of money fixing 'offshore' projects that went poorly due to businesses only seeing cheap rates, and not understanding cultural and communication issues involved with working with these types of teams. Now, I can see that education and communication in the third world are improving rapidly, and competition is increasing from people in countries who are willing *and able* to do the work I do for 20-30% of the cost. The clock is ticking on my industry, and I want to use what time I have left to start shifting into a second career that I *want* to do.

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• Re: How can you get into farming with these kind of land val ss55 07:04:19 04/15/18 (0)

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