In the 2016 North Central farm business records (165 farmers) 83 kept track of their living cost at an average of $98,804.
Net worth went from $1,309,779 beginning 2016 to $1,389,897 by the end of 2016. Total debt drop from $824,034 to $803,430.
22 cow/calf operators made $89.34/cow over cost in 2016 while in 2015 it was $311.06 and in 2014 it was $664.38.
In my years of working with cow/calf ranchers I did find it was consider a way of life. They loved their horse, 3/4 ton pickup of four different colors with no end gate and a back end full of bare wire, post, their dog and wife working in town. They were proud and you did not mess with their cows. Then things got good and they bought their first new pickup. In time it will be of four different colors with no end gate and a box full of bare wire and posts.
But when there is no grass there is no cows.
My parents were grain farmers who had a herd of cows for the waste land. At one time there were chickens, a couple of handful of dairy cows milked by hand, pigs, a big garden and at one time the horses did the work until a D JD came. They did what it took to survive and as time went on all the livestock left and even the cows to a bred heifer program (might had sometime to do with the kids leaving home).
As shown on here with a little rain some ranchers are looking as to how to keep the herd and survive.
In town my wife and I can tell stories to and when it got tuff there was no help with government funds. Our living needs are less than 98,000. But I will support what it takes to keep the herd on the ranch, and that is to keep the herd on the ranch.
I may hunt deer but I love my beef steaks that much. DB-2
Net worth went from $1,309,779 beginning 2016 to $1,389,897 by the end of 2016. Total debt drop from $824,034 to $803,430.
22 cow/calf operators made $89.34/cow over cost in 2016 while in 2015 it was $311.06 and in 2014 it was $664.38.
In my years of working with cow/calf ranchers I did find it was consider a way of life. They loved their horse, 3/4 ton pickup of four different colors with no end gate and a back end full of bare wire, post, their dog and wife working in town. They were proud and you did not mess with their cows. Then things got good and they bought their first new pickup. In time it will be of four different colors with no end gate and a box full of bare wire and posts.
But when there is no grass there is no cows.
My parents were grain farmers who had a herd of cows for the waste land. At one time there were chickens, a couple of handful of dairy cows milked by hand, pigs, a big garden and at one time the horses did the work until a D JD came. They did what it took to survive and as time went on all the livestock left and even the cows to a bred heifer program (might had sometime to do with the kids leaving home).
As shown on here with a little rain some ranchers are looking as to how to keep the herd and survive.
In town my wife and I can tell stories to and when it got tuff there was no help with government funds. Our living needs are less than 98,000. But I will support what it takes to keep the herd on the ranch, and that is to keep the herd on the ranch.
I may hunt deer but I love my beef steaks that much. DB-2