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Post by Glenn on May 3, 2016 9:15:27 GMT -6
Just putting some thoughts/ideas out in the public sphere (maybe that'll make me more apt to follow through...idk...LOL)
Currently at around 100 cows (30 commercial...70 registered) can't seem to have any heifer calves as my last three crops have been 2-1, 3-1, 2.5-1 bulls to heifers so I have not been able to expand like I have wanted to so badly. In fact I recently bought two more cows since I can't seem to expand organically.
- Would like to sell off the blacks (commercials) and replace with heifers from my herd. (want in one hand, spit in the other....isn't that what they say?)
I am 46 soon to be 47 and we aren't breeding rabbits so my time at this is somewhat limited.
- For the next 10 years or so, I imagine that I will be using approximately 50% home raised bulls and 50% purchased bulls. Maybe not every year, maybe 100% of each one year then different the next, but at the end of 10 years I bet this will be a close percentage.
- At the end of 10 years I'd like to be at 250 cows (assuming I can expand my land base through purchase/leasing) and at that point would have my base of cows to where I could go almost exclusively with my own breeding.
I do have some experiments that I would like to try as well.
1. Use some 'Canadian' bulls on a cross section of cows
2. Get some semen from Danny and try to breed a 7/8ths to 15/16ths polled L1
3. Get some Brahman semen and try to breed a small herd of 7/8ths to 15/16th Hereford/Brahman (Southern Adapted Herefords)
Just the ideas that I have at this point, of course money/land constraints will play a big factor in what does and doesn't get done. And my L1 Herd will always be my first priority.
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Post by larso on May 3, 2016 15:22:07 GMT -6
I wouldn't be presumptuous to even suggest to you what path you take, except that what ever you do, doesn't come at the expense of your time with your family. Enjoy the journey it is not necessary the destination. Advice from someone who looks back and wishes he did something's differently.
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Post by postoak1 on May 3, 2016 19:33:06 GMT -6
3. Get some Brahman semen and try to breed a small herd of 7/8ths to 15/16th Hereford/Brahman (Southern Adapted Herefords) I have always liked the looks of those "Victoria" Herefords that I have seen for sale on YouTube. I think that they are about 3/4 Hereford and 1/4 Brahman. |
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Post by hoekland on May 4, 2016 4:11:10 GMT -6
3. Get some Brahman semen and try to breed a small herd of 7/8ths to 15/16th Hereford/Brahman (Southern Adapted Herefords) I have always liked the looks of those "Victoria" Herefords that I have seen for sale on YouTube. I think that they are about 3/4 Hereford and 1/4 Brahman. That 75% Hereford and 25% brahman is the magic figure, wish the Braford Society opened up to that and I'd be breeding some Brafords myself |
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Post by Glenn on May 4, 2016 6:17:01 GMT -6
I wouldn't be presumptuous to even suggest to you what path you take, except that what ever you do, doesn't come at the expense of your time with your family. Enjoy the journey it is not necessary the destination. Advice from someone who looks back and wishes he did something's differently. Trust me, nothing could be more time consuming than being a CPA. Hopefully, I can be out of that ridiculous waste of time at some point in the future and I would actually have more cows and more time. |
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Post by rodeohunter on May 4, 2016 13:25:43 GMT -6
Land aquisition is my biggest problem. No grass to lease as its in row crops and acreage ranging from 8500-13k an acre around here. I'm 32 so I'm hoping to weather the storm with large (to me) land purchase in next couple years. Just finished building my house and continuing to build basic handling facilities and equipment at the moment. Good luck on your dreams my friend. Man must be a visionary. Being tougher than hell doesn't hurt either.
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Post by strojanherefords on May 4, 2016 20:09:40 GMT -6
Land aquisition is my biggest problem. No grass to lease as its in row crops and acreage ranging from 8500-13k an acre around here. I'm 32 so I'm hoping to weather the storm with large (to me) land purchase in next couple years. Just finished building my house and continuing to build basic handling facilities and equipment at the moment. Good luck on your dreams my friend. Man must be a visionary. Being tougher than hell doesn't hurt either. I am in the same boat, just five years younger. My goal is to have the most productive pastures and to be the tenant of choice for landlords in my area. In addition to paying rent on time, I want my landlords to derive enjoyment from me leasing their land. I want to them to look out their windows and pastures full of clover in the springtime. |
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Post by mrvictordomino on May 5, 2016 20:03:12 GMT -6
Glenn, I like a person who sketches out a vison and some goals to pursue. You can reach one of your goals of using your own breeding with less than the 250 cow target though. The extra numbers would allow you more selection for female replacements as well as more bull calf prospects to look at though. In ten years you will be close to my age now. The mind is willing but the flesh is weak in my case to be running the numbers I am now. Hope you have some good help coming up and looks like you do with your son. I never experimented with the Herefords but I did run some Red Angus on some extra land that was available for about nine years but sold the herd in it's entirety when I started traveling out of the country and lost land leases to row croppers. About a hundred and twenty cows/heifers. It was a nice herd. I wish I had expanded the Herefords during that time though, there is strength in numbers for herd improvement.
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Post by oldduffer on May 20, 2016 12:38:48 GMT -6
As Gerald O'Hara said in Gone with the Wind: "The Land is the only thing in the world worth working for, worth fighting for, worth dying for. Because it's the only thing that lasts."
The problem is: land is a wealth builder but NOT a cash flow generator. Payments on land consume cash flow and reduce working capital. In 40 my years of ag banking the units with the highest ROE & ROI tend to be those who have ownership of their base unit and lease the balance. The key, as is mentioned above by strojanherefords is to "be the tenant of choice...". Control the asset [land] without owning the asset. Top operators consistently have the ability to generate a higher rate of return from "operations" than the historic rate of return on real estate in our area. Probably not the same all over but something we need to be looking at closely. Many [but not all] of the units that have "crashed and burned" in the past have been units with very high long tern debt service requirements on real estate.
"Extremism to protect liberty is NO VICE!"
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