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Fairbury, NE (Southeast) | Not following on the no-profit end of the cattle. Decide if there is any, proceed. Not much different than crop.
Inputs (bought heifers, retained heifers, bulls), Pasture rented or owned (payments) Feed, Vet, capital expenditures, figure in a hourly wage of your choosing (I pick $10/hour for easy math ;( )
Apply above numbers gainst cattle sold, (calves and cull) the depreciation should be straightforward with a 30 minute visit to the accountant.
Here the aforementioned operation sounds like a 1/3 to 1/2 time job. Dude has a ways to go to be full time. But opportunities are always there. | |
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