I agree with kpb that land ownership has been a good investment historically.
My challenge as a young producer is that with current local purchase prices (and soon to be lease prices) I can't cash flow the interest payments. I don't see this as sustainable in the long run.
The leasing, stubble grazing, crop sharing and other unusual options that are out there are pretty astonishing at the moment and have really impacted our profitability (positively).
We use a couple of different "systems" in combination on our place, including an intensive rotational system with electric fence and portable reels, swath grazing, bale grazing, and some extensive rest rotation/deferred grazing. As well we have been working with some different approaches to water pumping, etc. that are extremely low cost and have noticable positive impacts on cattle distribution and forage utilization.
What we have noticed with improved grass management (often taking no extra time) is that we have more grass of higher quality, can restore stands of grass pretty fast, and for the most part have moisture to spare, when everyone seems to be dried out. Not only do we cash flow better on the same land base (more production), we are also more profitable and have significantly reduced our risk associated with weather.
As far as mothering and feeding cows...
My thoughts are any cow that doesn't mother her calf is fine, as long as she belongs to someone else.
My challenge as a young producer is that with current local purchase prices (and soon to be lease prices) I can't cash flow the interest payments. I don't see this as sustainable in the long run.
The leasing, stubble grazing, crop sharing and other unusual options that are out there are pretty astonishing at the moment and have really impacted our profitability (positively).
We use a couple of different "systems" in combination on our place, including an intensive rotational system with electric fence and portable reels, swath grazing, bale grazing, and some extensive rest rotation/deferred grazing. As well we have been working with some different approaches to water pumping, etc. that are extremely low cost and have noticable positive impacts on cattle distribution and forage utilization.
What we have noticed with improved grass management (often taking no extra time) is that we have more grass of higher quality, can restore stands of grass pretty fast, and for the most part have moisture to spare, when everyone seems to be dried out. Not only do we cash flow better on the same land base (more production), we are also more profitable and have significantly reduced our risk associated with weather.
As far as mothering and feeding cows...
My thoughts are any cow that doesn't mother her calf is fine, as long as she belongs to someone else.
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