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Farm wife talking. Please help me understand
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JAnderson
Posted 12/1/2024 10:55 (#10990378 - in reply to #10990188)
Subject: RE: Farm wife talking. Please help me understand


McCanna, ND
Need to work on record keeping. I keep a running total in my head but should take more time to put it in excel/quicken. Should have at least simple budgets/cashflow for everything.

Cows take deep pockets to make money. Easiest way to make money with cattle is not borrow money from the bank for them. Also need to do some sort of price protection with the cattle, 130 fats is ~$350k, lots of risk there if they aren’t priced somehow.
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